So those are daily or underlining activities that happen within our R&D organization on a global basis. And the last area I would push is in Rigid Polyol. So we’re really focused on innovation and delivering a more sustainable and better performing board for the next generation of rigid panels. And we’re deeply embedded in those programs with our major customers in both Europe and North America.
Luis Rojo: What I would David is, we are investing and we’re making good progress. Scott mentioned in the remarks spray foam also. So we are we’re working with new products there. If you think we also talk about Chemco. We are relaunching that product line. And actually when you think about low 1, 4-dioxane, right, that’s, that’s kind of, at the end, a significant investment that we’re making to have a totally new ether sulphate portfolio. That means the new regulation, but that at the end — that does a lot of new volume that is going to be in a new product versus the past.
David Silver: Yeah, no, thank you. And I’ll just pick up Luis, on your last comment. I think that that was the direction I was heading. But you know, the last couple of years of you know, of your business, the last couple of years, your business has been affected pretty significantly by COVID and pandemic and some other some other issues that changed the way people thought about cleaning and disinfection and things like that. Two parts. First of all, what in your opinion will persist, you know, once the COVID — the direct COVID issues kind of fade in ordinance or maybe move to the background? Will there be some protocols maybe for institutional cleaning or for commercial sites or arenas, stadiums, things like that, that, you know, will persist, you know, beyond the pandemic that we’re, — that we’ve dealt with the last couple years.
And then secondly, are there other kinds of initiatives or regulations, either internationally or nationally here that you think are going to be important opportunities or will require some adaptations in your business. So, kind of what remains after the pandemic fades in direct importance. And then what one or two regulatory issues should we keep in mind when we think about opportunities for your business?
Scott Behrens: Yeah. Okay, David. As it relates to the COVID pandemic, I think if you look at North America, we’ve been pretty much open for about the last 12 to 18 months here in the US. So, we did see the spike while in the height of the pandemic around hand soaps and disinfectants, right, hand service disinfection. And I think we reported back in 2021, the significant spike we saw in 2020, but felt that that was going to come back down, not to pre-COVID levels, but two levels above were pre-COVID levels work. That is continuing today. Okay. So COVID provided an immediate spike in 2020. It’s come down, but it’s still running at 10% to 20%, above pre-COVID levels due to new consumer behaviours associated with the pandemic. But that’s been pretty much steady state for about the last 12 to 18 months.
In terms of new regulations or initiatives. There’s nothing on the horizon that we would say is a major headwind or a tailwind for demand related to COVID disinfection and cleaning. The biggest regulation that has impacted our company has been the 1,4-dioxane regulatory environments started by the state of New York. And that’s why we’ve made the investments in 1,4-dioxane to ensure our customers will be able to meet that new regulation going forward.
