Teflon product PTFE (TFE) as well as Kynar manufacturing requires a mineral called Fluorspar that's mined in Mongolia and China. The worldwide demand for this mineral has risen significantly, as well as supply has tightened. PTFE materials have high temperature resistance, excellent chemical resistance and really low co-efficient of friction (slippery) and is utilized in a lot of applications from non-stick fry pans to ptfe tape for home use. This mineral is a crucial raw material in the production of fluoropolymers, fluorolubricants and a lot of refrigerants.This escalating demand mixed with general shortage of raw materials has caused a dramatic price increase (almost double in the last year), shortages, and we expect these two factors to stay in affect in the near future.
Friday, March 24, 2023
PTFE (TFE) and Kynar - PVDF both are experiencing long lead times.
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