Over the last year, the business has had more difficulties than I've come across inside my 30 years experience. In the past I have seen sharp price increases, and I have seen several shortages, and delivery problems caused by material allocations from plastic resin manufacturers. This is actually the very first instance I have seen all these issues at the same time.
PTFE Sheet (TFE) and Kynar both are on allocation.
Both of these resins are in short supply. The PTFE Sheet suppliers product PTFE (TFE) and also Kynar-PVDF manufacturing requires a mineral called Fluorspar that is mined in Mongolia and China. The world demand for this mineral has grown significantly, additionally, the supply has tightened. PTFE materials have high heat resistance, excellent chemical resistance and incredibly low co-efficient of friction (slippery) and is utilized in a good deal of purposes from non-stick fry pots and pans to ptfe tape for home use. This specific mineral is actually the critical raw material inside the production of fluoropolymers, fluorolubricants and several refrigerants.This escalating demand bundled with general shortage of raw materials has caused a dramatic price increase (almost double in the last year), shortages, and we expect both these factors to continue in the near future.
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