Todd Slater : Yes. Thanks, Arun. It will be consolidated in our results will come up into the Chlor Alkali Products and Vinyls segment. In the first year, you should expect overall revenue to increase $500 million to $700 million. And as it is the first year, you should expect from that joint venture minimal EBITDA impact.
Arun Viswanathan: Got it. And then similarly for hydrogen with the third unit starting up, is that in commercial operation? And similarly, when do you expect to get any EBITDA benefit from your sustainable activities there? And how should we think about how that contribution flows into Olin?
Scott Sutton : Yes. I mean, this is Scott. I mean, we only have one hydrogen arrangement into the fuel cell application operating today. The second one is our venture at San Gabriel and that one is under design and under construction, and it will take us to the end of this year to get that started up. And the point we wanted to make that I think you saw in the slides is that we’re starting discussions around a third venture as we try to get our hydrogen out into these new sectors. Even the first 2 are only about 5% of our hydrogen.
Operator: Our next question will come from Vincent Anderson with Stifel.
Vincent Anderson: I just wanted to clarify your comments on Epoxy, just I had it clear. You said a global idling but naming just Europe and Asia markets is the reason. And I ask only because U.S. resin prices are still holding up fairly well. So is this really all epoxy resin assets are going down in the first quarter?
Scott Sutton : Well, I would say we’ve been running those at a lower level, but I’ll let Damian give a little more color on where we are right now.
Damian Gumpel : Sure. Thanks, Scott. Vince, on Epoxy, what we’ve said is that this is a globally challenged situation, the worst that we’ve seen in 14 years since the financial crisis. Most of epoxy consumption does take place in China and in Europe. And so that’s where we’ve seen the greatest impact on the landscape. Now as a result, we’ve been — for over a year now, we’ve been adjusting our production, our market participation in order to preserve value, that’s led us to continue to successfully challenge ourselves to operate at lower rates across our portfolio. We’re going to continue to do that as long as it takes and frankly, we can still go further. And it’s — for us, it’s a question of taking this opportunity to rightsize our global epoxy portfolio to focus on the assets that our customers value the most. And we’ve done a lot of that already, but we still have a lot more that we are going to do here under this challenging environment.
Vincent Anderson: Okay. That’s helpful. And then just kind of returning to . So I always had kind of penciled Olin in as already the largest participant in the globally traded merchant markets for caustic and EDC. So is there any more detail you’d be willing to give around what that looks like now with Mitsui at the table?
