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NPC Signs Crucial MoU

NPC Signs Crucial MoU
(Sunday, April 16, 2023) 23:38

TEHRAN (NIPNA) – National Petrochemical Company (NPC) has signed a memorandum of cooperation with the Ministry of Cooperation, Labor and Social Welfare to enhance research, education, promotion and development in the fields of technical protection, occupational health, and environmental safety.

The agreement is set to improve the employment rate, the production of raw materials, and hard currency in Iran.

NPC CEO, Morteza Shahmirzaei, highlighted that the petrochemical industry is vital in creating value-added and employment in the country.

With over 70 active complexes and 100 development projects currently being implemented, the petrochemical industry 90 million tons of annual production capacity and employs a high number of human resources.

This memorandum aims to solve various issues of the employment of these forces and create better work environments through technical protection and occupational health.

The parties involved in the agreement plan to develop indigenous knowledge in these fields, including accident management and damage control.

According to the memorandum, the parties will also form joint specialized working groups and provide consulting services in the field of technical protection and occupational health.

They will participate in the production of scientific publications and books, validate various departments active in technical protection and occupational health, and establish new patterns of technical protection and work health.

The memorandum aims to utilize the capacity of knowledge-based companies in order to produce local knowledge and manufacture equipment.

Shahmirzaei emphasized the importance of the petrochemical industry in creating employment and increasing the production of raw materials for other industries.

He also noted that more than 90% of petrochemical industry employees are now managed according to labor law.

This is a significant improvement compared to the time before the handover of petrochemical companies to the private sector and the implementation of Article 44, when workers were under the rules of the pension fund of the oil industry.

The signing ceremony was attended by officials from both parties.

Shahmirzaei highlighted the National Petrochemical Company's commitment to implementing the memorandum and emphasized the highest capacity to create value-added in petrochemical units.

He added that activating this capacity will result in an increase in employment, production of raw materials for other industries, and higher hard currency for the country.

The petrochemical industry will play a decisive role in creating employment in the near future, Shahmirzaei said.

The memorandum of cooperation between NPC and the Ministry of Cooperation, Labor and Social Welfare is a significant step towards the development of the petrochemical industry in Iran. 

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