Chemical price increase

[soapy]

Dow chemical announced that it will take a across the board price increase of 20% on June 1. They manufacture a lot of the raw chemicals that other chemical companies use in the car wash industry. Even the ones who don't buy from Dow will see increases as other companies follow suit. Get ready for a round of large chemical price increases in the next few months.

 

[CRHAMEL]

Dow chemical also has their hands in paint, plastic, eletrical, and the also make MACE. This raw material pricing increase will end up grinding america to a bloody pulp. No one is making extra money they are just moving their margins around to keep the lights on.