AUBURN HILLS, MICH. (April 13, 5:15 p.m. ET) — A blast at Evonik Industries AG in Marl, Germany will likely have reverberating effects on the availability of nylon 12, according to a letter written to customers by William Kozyra, chairman of TI Automotive.
Bloomberg news reported on the letter April 13, and said that company spokesman Frank Buscemi confirmed the letter's contents. TI is based in Auburn Hills.
In the letter, Kozyra warned customers that “the shortage is real and immediate…The possibility of production interruptions at some of your facilities in the next few weeks is high,” according to the Bloomberg report.
The Evonik blast occurred March 31 and killed two. Further, the result was a loss of Cyclododecatriene, the global capacity of which is stated as “very limited” in the letter.
The resin is used in fuel and brake-line coatings, flexible hoses and quick connectors for automakers.