Celanese Corporation

Greetings. Welcome to the Selenese second quarter 2023 earnings call and webcast. At this time, all participants are in a listen-only mode. The question and answer session will follow the opening remarks. If anyone should require operator assistance during the call, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. At this time, I would like to hand the call over to Brandon Ayash, Vice President of Investor Relations. Thank you. You may begin.

Thank you, Daryl. Welcome to the Celanese Corporation's second quarter 2023 earnings conference call. My name is Brandon Ayash, Vice President of Investor Relations. With me today on the call are Lori Ryker, Chairman of the Board and Chief Executive Officer, and Scott Richardson, Chief Financial Officer. Celanese distributed its second quarter earnings release via Business Wire and posted prepared comments on our Investor Relations website yesterday afternoon. As a reminder, we'll 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 both the press release and prepared comments. Form 8K reports containing all of these materials have also been submitted to the NCC. Since we published our prepared comments yesterday, we'll go ahead and go directly to questions. Darrell, please go ahead and open up the line for questions.

Thank you. We will now be conducting a question and answer session. If you would like to ask a question, please 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 before pressing the star keys. We ask that you please limit yourself to one question and one follow-up question. One moment, please, while we poll for your question. Our first questions come from the line of Gansham Punjabi with Baird. Please proceed with your question. Hey, guys. Good morning.