ICPT, higher raw materials price, higher interest rates, lower ASP. They can reduce the plant runtime /utilization, destocking or write-off inventories, adjust the products mix loading plan accordingly, pull in major maintenance / upgrades / downgrades and wont help much with the external factors. Buy time if you will. And they have to consider not to overdoing it or else, they will not be able to ramp up in time.

Yes and No, Jeslyn. Yes -Russian and Ukraine war may disrupt the supply of Naphtha causing the recent spike in its dollar per tonne; not a good news from feedstock cost perspective. No - However, given a longer term projection, naphtha may well be replaced with propane as alternative feedstock. It will take some time before worst is over for lctitan. Just my opinion, could be wrong.