Josh Spector

you talked about the $100,000,000 shutdown cost. Can you just go through other pieces? I guess, how quickly is the payback on that cost?

how long do prices need to stay at the $20 per kilogram plus level before you think about starting spending?

specifically with the CATL restart, I've heard some mixed things around supply maybe being temporarily tighter

Is there any requirement there to make further investments or some preemptive expectation around CapEx spending?

if you could give us a size of what your backlog is now for profit contributing projects, considering you've signed a few more

excluding NEOM, Darrow and all the projects that you guys have highlighted is nonprofit contributing. What does that trim that $9 billion

your comments are minimal volume growth to something to that extent. Just wonder if you could quantify minimal

is that a go or no-go, meaning cancel decision? Or do you see a scenario where kind of some decision gets pushed out beyond the year-end time frame?

should we expect kind of a 2%, 3% volume headwind over the next 2 to 3 quarters as a result of that?

what's your assumptions baked in on a macro perspective and then more medium term, when you say high single-digit EPS growth, how much of that

is your comment about second half improvement that you recover some of that or do you have visibility to pricing actions beyond response to near-term energy

if there's any qualifying events, be it regulatory or credits, that need to be put in place before that contract goes into effect

when you employ project financing, are you targeting a higher equity return or is that still in the framework that you would target that greater than 10%, 12% return?

On the price/cost side, Greg, I think you talked about it being a slight negative in Q2. Is all the cost flowing through in Q2, or do you have something else to deal with in Q3

I'd be curious to know if you think you're offsetting that cost within the quarter, or within 2Q and 3Q, if there's a lag

do you have any latest view around kind of what the sensitivity would be when consumers start to see the impact of higher prices next year

Did that have any impact on you guys in 3Q or 4Q volumes or cost expectations

low single-digit volume growth and you had kind of similar, little bit lower EBIT growth

Obviously, really strong performance last year. I mean how are you thinking about the conversion into 2026?

you relative to your peers, it doesn't seem like you're changing your expectation on crop chem pricing in the second half

can you clarify, I guess, that assumption, what you're baking in there?

is there something to the tune of $30 million to $40 million in sales and maybe 1/3 of that in terms of EBITDA impact in 2Q

I wanted to follow up on just the Middle East impacts around water

assuming that the macro demand is a bit softer next year, do you see a bigger opportunity to pull forward some productivity and get more margin expansion

I think some of our math was that your upcoming cash might be closer to $1.5 billion to $2 billion before buybacks

if you can comment at all on if there is a process on Aramids divestments

can you comment on that beyond what you guys had in the press release a month or so ago? And then two, if you can say anything about the potential or lack of potential for further China reviews

are you messaging that there is potentially more offsets that could then get you into your original guidance range, or is it just uncertainty and you didn't want to adjust yet?

can you help us think about maybe a low end range if you decide that you're not going to do it

I was wondering if you could talk about just operating rates for Dow within polyethylene

I was wondering if you could talk about the risk and potential mitigation activities you could do around tariffs, specifically around Canada

with specialty growing 7% the last couple quarters, is that now in the run rate? Or is there more of that to come?

do you feel the same way that you can kind of get there with 0% to 1% volumes and, if you start to see an acceleration, that's upside?

I was wondering if you could size how much you think you're reinvesting in the business today versus what you thought you would do in 2025, 6 months ago?

what do you expect SG&A dollars to grow or decline for this year?

Do you expect to have a new margin target that you're going to put out there next week

sequentially, your incremental margins were north of 50%, in Optical year-over-year, they're close to 40%

are they going to disproportionately buy more from you after this agreement? And are you adding capacity to match that added sales, or is it less than that, meaning your capacity might tighten a bit

it sounds like this kind of codifies that growth and maybe secures them some of that capacity as you grow into the future versus, you know, Corning capturing more share of that pie

I'm just curious if you could talk about any timing effects between 3Q, 4Q that may have impacted some sales

it looks like it's around a 50% pretax EBIT margin incremental. You've been running closer to 25% to 30%.

if we stay in this kind of, call it, 1% growth environment, maybe from a consumer perspective, do you have actions and levers that you think would deliver earnings growth higher than that

I was wondering if you could specifically talk about the outlook for Scent in 3Q and 4Q. You've clearly seen divergent trends between growth in end markets between Fine Fragrance and Consumer versu...

Curious if you'd be able to disclose what you think the gross impact today is on your costs and how much of that you think you can mitigate

I was wondering if you could talk about the overall volume landscape across kind of the major areas here between Asia and then Europe and the Americas

your prior comments were more that maybe you get to that 5% in 2030 time frame, maybe -- and then maybe your comments today about some of the disclosures

I had a couple questions I put together around the space opportunity for you guys

you talked about Europe and a more pragmatic decarbonization approach and leading to some encouraging conversations

is that a lag of just some existing kind of maybe discussions coming to fruition

How much of a detriment was that in the fourth quarter? And how much of that do you expect to come back in the first quarter

Do you see any of that as meaningful for the industry? And just given the shift in your portfolio, is any of that meaningful for Lyondell at this point

How much are you using surcharges this cycle versus prior years?

I don't know if there's a way you can maybe index your volumes for where you are today in the fourth quarter versus a year ago?

if I think about a normal 40% incremental margin, correct me if I'm wrong, there's about $30 million of maybe higher costs that hit you

if I look at what you guys are guiding to roughly for 2Q, maybe $2.20, $2.30 in EPS roughly, normal seasonality in second half kind of plus what you did in first half, probably gets to you around t...

it is surprising to hear that at the exit rate you are talking about the high end to low to mid single digits on raws

you're thinking the market and your Paint Stores Group is down something like 1%, maybe 2% next year.

should we be thinking about a flattish volume environment for '26 as the base case?

on an SG&A, you know, when you are talking about low single-digit inflation, is that the adjusted basis that you talk about?

I wanted to ask about the timeline for share gains on commercial and the property maintenance side.

I wanted to ask on the CapEx guidance. So, I mean, a few things there.

there's a pretty decent diversion between Europe and North America. I don't know if Europe was more impacted by some of the one-timer larger equipment sales?

you have 6% and 9% comps in North America in 3Q and 4Q. Are those going to be characterized as tough comps to go against?