Plant shutdown of important precursor has companies worried about inkjet and UV LED inks as well as major coatings.
David Savastano, Editor05.09.18
At RadTech 2018, there are lots of interesting new technologies and discussion of emerging markets. However, the discussion among many attendees is not the opportunities, but instead the realities of the raw material market – In particular, the shortage of important photoinitiators essential for inks and coatings.
I have spoken with executives from five major ink manufacturers as well as key suppliers here at RadTech, and everyone is extremely concerned. There are a wide range of versions to this story, but it seems to boil down to this: the photoinitiators in question, TPO and TPO-L, are used for inkjet inks, UV LED inks, automotive coatings and wood coatings and flooring. There are only a small handful of companies that produce the precursor needed for TPO and TPO-L, and one of the major producers has been shut down by the Chinese government.
With that, there is a shortage. Not surprisingly, what is left of these photoinitiators are going up in price as suppli
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