That's dye separation. Simple as. What's left is a base flourocine mixture possibly which tends to always be "brilliant yellow" (what is also referred to as UV Green - that biohazardy yellowy/greeny glow). Looks like they added a second powder based dye to then turn it from that to orange, or just used a HELL of a lot of Brilliant-Yellow dye powder in an excess concentration to make it orange.
If you buy Brilliant-Yellow UV Dye from any company (eg: Glowshop), it looks that orange color, until you dilute it. Then it becomes the "greeny" color, which is the color it's intended to be. If you put too much (and I mean a LOT too much) of that dye into a coolant, it ends up orange, and the excess separates out, and will also dye anything floating within that loop orange.
I've witnessed many pre-mixed coolants (but not Feser One first hand) such as FluidXP, MCT-5 etc where the contents have broken down over time and resulted in a pile of white-flakes at the bottom of the bottle that once in the loop and subjected to the heating and cooling effect within the loop have then become dyed a deep color based on the coolant's original color. If using premixed coolants that have been sat on the shelf for "a while" (6 weeks or more - and I'm including time sat on the shelf at the manufacturer prior to shipping, including shipping time itself, then time sat at stock room sat retail stores, then sat on your shelf at home) I highly recommend pouring the lot thru some filter paper before adding it to your loop.
This all smacks of the premixed coolant being regular clear coolant with bogstandard UV Reactive Dye added... nothing "special"... and by the looks of things, there's a lack of control as to how much dye is consistently added from batch to batch.
PTFE tape cannot have any affect on coolant color. Simple as that.