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Ruben Cutts

πŸ‘€ Speaker
64 total appearances

Appearances Over Time

Podcast Appearances

The Detail
The wicked problem of petroleum in our lives

All of the fittings, which are bends and junctions and all the other bits and pieces that you connect the bike to, they're all there, they're all plastic.

The Detail
The wicked problem of petroleum in our lives

Those pipes there, it's a 100mm PVC pipe.

The Detail
The wicked problem of petroleum in our lives

A 35% increase.

The Detail
The wicked problem of petroleum in our lives

We've basically had a small increase of 5% as of the 1st of April and another one coming up, which is unfortunately going to be more likely to be around about the 30%.

The Detail
The wicked problem of petroleum in our lives

So it's quite significant.

The Detail
The wicked problem of petroleum in our lives

Yeah.

The Detail
The wicked problem of petroleum in our lives

It does.

The Detail
The wicked problem of petroleum in our lives

It does.

The Detail
The wicked problem of petroleum in our lives

Well, only for the product, not the labour cost.

The Detail
The wicked problem of petroleum in our lives

But it is difficult and we've got our plumbers out there in the industry who have had fixed price contracts with customers that they are going to have to absorb these costs, unfortunately.

The Detail
The wicked problem of petroleum in our lives

Probably under 5%, I think, but yeah.

The Detail
The wicked problem of petroleum in our lives

Of the total cost of the house?

The Detail
The wicked problem of petroleum in our lives

Yeah, depending on the size of the house, anywhere between $15,000 to $20,000.

The Detail
The wicked problem of petroleum in our lives

Well, not of the material cost, for some of the materials, not for all.

The Detail
The wicked problem of petroleum in our lives

Plumbing products, it really is everywhere.

The Detail
The wicked problem of petroleum in our lives

We rely on the petroleum-based products in everything that we do.

The Detail
The wicked problem of petroleum in our lives

And the price volatility out there in the marketplace, unfortunately, is just really based on what's happening overseas.

The Detail
The wicked problem of petroleum in our lives

It just filters right down through the industry on all parts of the supply chain to the end user, unfortunately.

The Detail
The wicked problem of petroleum in our lives

Yeah, so up here you've got different water pipes, you've got polybutylene, you've got PEX, you've got polypropylene up here, the green stuff.

The Detail
The wicked problem of petroleum in our lives

And so they all have derived from petroleum-based products.

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