How come there's a TFE and Kynar extended delivery times
Over the last year, the business has had more difficulties than I've come across during my 30 years experience. In the past I have seen sharp price increases, and I have witnessed several shortages, and delivery problems caused by plastic resin allocations coming from resin companies. This is actually the very first time I have seen all these issues at the same time.
PTFE Rod (TFE) and Kynar both are on allocation.
Both of these resins are in short supply. The PTFE - Polytetrafluoroethylene product PTFE (TFE) and PVDF manufacturing requires a mineral called Fluorspar that's mined in Mongolia and China. The world interest in this mineral has grown significantly, along with the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and very low co-efficient of friction (slick) and is utilised in dozens of applications from non-stick fry pots and pans to ptfe tape for use at home. This particular mineral is the key raw material inside the production of fluoropolymers, fluorolubricants and quite a few refrigerants.This escalating demand paired with general shortage of raw materials is mainly responsible for a dramatic price increase (almost double over the past year), shortages, and we expect both these factors to continue in the near future.
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