Breakthrough technologies that minimize wastewater and improve the recyclability of materials and packaging across a spectrum of end uses

In the first quarter, we expect demand to continue to improve in our two largest end markets, packaging and consumer, as destocking comes to an end and our sustainable solutions portfolio expands.

We expect year over year demand improvement from consumer, packaging and defense end markets, which make up roughly half of our portfolio.

While we anticipate weakness in consumer and transportation end markets, we see opportunities for growth in our largest end market, packaging, as well as strength in our high profit portfolios in defense and healthcare.