LEXINGTON, MASS. (May 10, 1:10 p.m. ET) — The global auto industry appears ready to avoid any shutdowns due to the shortage of nylon 12, with procedures in place to replace the resin when needed, says an industry watcher.
Automotive forecasting group IHS is unaware of any scheduled closures due to a disruption in nylon 12 supplies, said Jim Dorsey, spokesman for the Lexington, Mass.-based group.
Global supplies of nylon 12 were running short following a fatal fire March 31 at Evonik Industries AG's plant in Marl, Germany, which destroyed the plant making the feedstock cyclododecatriene.
In North America, the Automotive Industry Action Group worked with automakers and suppliers to streamline the approval process for alternative resins, which should speed development of new parts in the product pipeline.
The response in other regions has not been as visible, IHS noted, but daily calls between carmakers and major suppliers is providing needed management of resources.
The industry still has a lot of ground to cover before it can put the shortage behind it, Dorsey noted, adding that the group will continue to monitor the situation.