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Tensions in the Middle East May Directly Impact 30% of Manufacturing Industries in Mie Prefecture Due to Naphtha Shortage, According to Teikoku Db Survey.
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On the 23rd, Teikoku Databank's Yokkaichi branch announced the results of a survey indicating that approximately 30% of manufacturing companies in Mie Prefecture could be directly affected if naphtha, a raw material for plastics and other products, becomes scarce due to the escalating tensions in the Middle East. Ninety percent of these are small and medium-sized enterprises (SMEs), and the branch stated that "continued restrictions on naphtha s…
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