It Keeps Getting Worse....
From Yahoo News:
From Yahoo News:
Shares of several chemical companies fell Tuesday after industry leader Dow Chemical Co. announced its second set of wide-ranging price hikes in less than a month, again trying to offset record costs for energy and raw materials.
Midland-based Dow said it will raise the prices of its products by as much as 25 percent in July after implementing across-the-board price increases of up to 20 percent on June 1.
The company makes everything from the propylene glycols used in antifreeze, coolants, solvents, cosmetics and pharmaceuticals, to acrylic acid-based products used in detergents, wastewater-treatment and disposable diapers. Its products are sold in 160 countries.
Midland-based Dow said it will raise the prices of its products by as much as 25 percent in July after implementing across-the-board price increases of up to 20 percent on June 1.
The company makes everything from the propylene glycols used in antifreeze, coolants, solvents, cosmetics and pharmaceuticals, to acrylic acid-based products used in detergents, wastewater-treatment and disposable diapers. Its products are sold in 160 countries.
2 Inspired Comments:
As if cosmetics arn't expensive enough already! Time to start hoarding Ladies!
It's really sad...the expression is def. true...the rich get richer and the poor poorer. : (
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