00:02Price pressures are starting to stack up on Andrew Mutch's building supplies business.
00:07His overseas suppliers have warned they're increasing the cost of epoxies.
00:11Absorbing all of that is impossible. It has to get passed on at some point.
00:15So people are going to be paying more for their building materials.
00:19His epoxy products, solvents, polymers and plastic containers are all petroleum based in some way.
00:25A lot of people don't realise that it's not just fuel, it's everything's made from petroleum based products.
00:31Plastic containers, all the additives, a lot of the raw materials.
00:35Consumers likely to be hit from all directions.
00:38The impact is going to be felt throughout places that people would not normally think that we are dependent on
00:45oils.
00:46Synthetic clothes, road base.
00:48How do you make bitumen? Those are your heavier oils.
00:51Axel grease, polishing waxes are all petroleum based products.
00:54These containers are made from polyethylene.
00:57It's a petroleum based product and the most widely used plastic in the world.
01:01You can also find it in products like detergent bottles, plastic bags and clear plastic wrapping.
01:07So these sort of products could also be seeing an increase in price.
01:10WA company Four Farmers uses polyethylene plastic containers for its agricultural chemicals.
01:16And also the little bits of red plastic here.
01:20There's plastic everywhere you go.
01:23They've been told costs are going up.
01:25Well today there's been two more letters from our packaging suppliers saying force majeure, this is what's happening.
01:34We can't, we're going to have to pass these costs on.
01:37Adding further pressure on people already straining from the petrol squeeze.
01:41And the other边 isстиjin of recently be supposed to be.
01:43Oh this is the end.
01:44We'll be following the human rights movement.
01:44We're going to have to pass the light on the air.
01:45That's what we need to do.
01:45We're going to have to continue to pass the storm your storm.
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