Survey of Local Manufacturers
Monitoring Supply Status of Petrochemical Raw and Subsidiary Materials
Assessing Potential for Production Disruptions
Identifying Business Difficulties and Presenting Recommendations to the Central Government

Hwaseong Special City in Gyeonggi Province (Mayor Jeong Myung-geun) has recently launched an emergency survey targeting local businesses to respond to rising raw material prices and supply chain instability caused by the recent turmoil in the Middle East.

Panoramic view of Hwaseong Special City Hall. Provided by Hwaseong City

Panoramic view of Hwaseong Special City Hall. Provided by Hwaseong City

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This survey is being conducted to monitor the supply status of key petrochemical raw and subsidiary materials such as tungsten, paint, aluminum, and resin, as price volatility in crude oil has increased due to escalating conflicts in the Middle East. The survey also aims to assess the potential for production disruptions among businesses.


From March 17 to March 20, Hwaseong City plans to work in cooperation with related organizations, including the Hwaseong Chamber of Commerce and Industry, to focus on checking the raw material supply situation faced by major product manufacturers and to examine how rising costs are affecting their operations. The survey results will serve as basic data for analyzing the types and urgency of damages suffered by businesses. Based on these findings, the city intends to establish response systems for each sector and to present recommendations to the central government, pursuing follow-up measures accordingly.


Furthermore, the city will decide whether to operate online and offline damage-reporting channels based on the results of the first survey, and will establish a system to continuously collect additional business damage cases.


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Jeong Myunggeun, Mayor of Hwaseong Special City, stated, "We aim to quickly identify the impact of raw material supply instability caused by the Middle East crisis on business management," and added, "Based on the voices from the field, we will present business difficulties to the central government and collaborate with related agencies to support the stabilization of business management."


This content was produced with the assistance of AI translation services.

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