In the last year, the industry has had more difficulties than I have come across around my three decades experience. In the past I have seen sharp price increases, and I have seen several shortages, and delivery delays caused by material allocations by resin companies. This is the very first instance I have seen all these issues at one time.
Polytetraflouroethylene (TFE) and Kynar – PVDF both are on allocation.
Both of these resins are in short supply. The PTFE – Polytetrafluoroethylene product PTFE (TFE) and also Kynar manufacturing requires a mineral called Fluorspar that’s mined in Mongolia and China. The world interest in this mineral has increased significantly, along with the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and extremely low co-efficient of friction (slick) and is utilised in a great deal of purposes from non-stick fry pans to ptfe tape for personal use. This specific mineral is the essential raw materials in the manufacturing of fluoropolymers, fluorolubricants and many refrigerants.This increase in demand paired with shortage of raw materials is responsible for a dramatic price increase (almost double over the last year), shortages, and we expect these two factors to stay in affect in the near future.