Celanese Corporation

Greetings and welcome to the Celanese Corporation second quarter 2020 earnings conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Abe Paul, Vice President of Investor Relations. Thank you. You may begin.

Thank you, Jesse. Welcome to the Salonese Corporation's second quarter 2020 earnings conference call. My name is Abe Paul, Vice President of Investor Relations. With me today on the call are Lori Rykerk, Chairman of the Board and Chief Executive Officer, Scott Richardson, Chief Financial Officer. Salonese Corporation distributed its second quarter earnings release via Business Wire and posted prepared remarks about the quarter on our Investor Relations website yesterday after market close. As a reminder, we will discuss non-GAAP financial measures today. You can find definitions of these measures as well as reconciliations to the comparable GAAP measures on our website. Today's presentation will also include forward-looking statements. Please review the cautionary language regarding forward-looking statements, which can be found at the end of the press release as well as prepared comments. Form 8K reports containing all of these materials have been also submitted to the SEC. Because we have published our prepared comments yesterday, we will now open the line directly for your questions. Jessie, go ahead and open the line for questions.

Thank you. At this time, we will be conducting the question and answer session. We ask that you please limit yourself to one question and one follow-up. If you would like to ask a question, please press star 1 on your telephone keypad. The confirmation tone will indicate that your line is in the question queue. You may press star 2 if you would like to remove your question from the queue. For participants using speaker equipment, it may be necessary to pick up your handset before pressing the star keys. Please hold while we poll for questions. Thank you. Our first question comes from the line of John Roberts with UBS. Please proceed with your question.