Japan Can Meet at Least 4 Months of Naphtha Needs, Takaichi Says

Japan has secured enough supplies to cover at least four months of its demand for naphtha, said Prime Minister Sanae Takaichi, as the government seeks to ease concerns over a potential supply crunch.

The supplies include about two months of shipments procured from abroad and volume from domestic refiners, as well as an additional two months of inventories of intermediate chemical products derived from naphtha, such as polyethylene, Takaichi said on a post on X on Sunday.