Celanese Corporation

Greetings and welcome to Cell and Ease's Q4 call and webcast. 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 a 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, Brendan Ayash, Senior Director, Investor Relations. Thank you. You may begin.

Thanks, Doug. Welcome to the Celanese Corporation 4th Quarter 2020 Earnings Conference Call. My name is Brandon Ayash, Senior Director of Investor Relations. With me today on the call are Lori Rykerk, Chairman of the Board and Chief Executive Officer, and Scott Richardson, Chief Financial Officer. Celanese Corporation distributed its 4th Quarter earnings release via Business Wire and posted prepared comments about the quarter on our Investor Relations website yesterday afternoon. 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 also been submitted to the SEC. Because we published our prepared comments yesterday, We'll now open it up for your questions. Doug, please go ahead and open up the line for questions. Thank you.

Ladies and gentlemen, at this time, you will be conducting a question and answer session. If you'd like to ask a question, you may press star 1 on your telephone keypad. A confirmation tone will indicate 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. Please limit yourself to one question and one follow-up so we may get to everyone's questions. Our first question comes from the line of John Roberts with UBS. Please proceed with your question.