Things would be so ,much easier if the 30 mm Delrin rod could pass into the mandrel of the lathe; although this implies a larger machine. If it would this would be less wasteful of material.
If not, you will have to cut off just enough to hold in the chuck to machine the top hat bush and part off.
You will then need to repeat for the second bush. Wasteful of material, unless you use a steady while each bore is made, so that enough material can be cut to make two bushes, part off, and apiece in the chuck..
So you would be thinking in terms of about 90 mm long, minimum.
To compensate for the compression when the interference fit bush is pressed into the tube. (Don't know how well Loctite works with Delrin, and with a wall thickness of less than 1.5 mm (28 – 25.4 = 2.6 / 2 = 1.2 mm allowing for running clearance, AND the Loctite needing a clearance ).
May I suggest finish bore to VERY slightly oversize (The bore will close in when the interference fit bush is fitted to the tube ).
Howard