Over the last year, the business has had more difficulties than I’ve come across during my three decades experience. In the past I have seen sharp price increases, and I have observed several shortages, and delivery issues caused by resin allocations through resin vendors. This is actually the first time I have seen all these issues at the same time.
Polytetraflouroethylene (TFE) and Kynar both are on allocation.
These two resins are in short supply. The PTFE – Polytetrafluoroethylene product PTFE (TFE) along with Kynar manufacturing requires a mineral called Fluorspar that’s mined in Mongolia and China. The world demand for this mineral has grown significantly, and the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and really low co-efficient of friction (slippery) and is used in a good deal of purposes from non-stick fry griddles to ptfe tape for use at home. This particular mineral is actually the essential raw material in the manufacturing of fluoropolymers, fluorolubricants and several refrigerants.This increased demand coupled with general shortage of raw materials has caused a dramatic price increase (almost double within the last year), shortages, and we expect both these factors to stay in affect in the near future.