Japanese quake causes havoc for industry

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Factories forced to suspend operations, adding to supply chain woes for manufacturers worldwide

A damaged building following a strong earthquake in Soma, Fukushima prefecture, Japan, on March 17 2022. Picture: KYODO/VIA REUTERS

At least two people died and 161 were injured in the latest quake, according to government spokesperson Hirokazu Matsuno. Thousands perished in the 2011 disaster, when a magnitude 9.1 magnitude quake triggered a tsunami and caused a meltdown at a nuclear power plant. Electronic components maker Murata Manufacturing also halted operations at its factories. One of them making smartphone parts had a fire after the quake.

Japan’s biggest refiner, Eneos, shut its Sendai refinery, including the 145,000 barrel-per-day crude distillation unit. About 300km south of Fukushima, parts of Tokyo lost power for nearly three hours after the quake. An earlier tsunami warning for the northeast coast was lifted and power was fully restored to the capital by the early hours of Thursday, though people in some parts of Fukushima were still waiting for electricity by the early evening.

 

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