Our Industrial Chemicals business got off to an excellent start in 2011. Demand for chemical transformation salt, caustic and chlorine derivatives remains strong. As a result, volume increased 5 percent in the first quarter relative to 2010. Notably, the volume in our MCA business, driven by healthy demand in Europe and China, surpassed all previous levels. Improved pricing in the chlor-alkali chain, combined with the volume growth across the portfolio, led to a 16 percent increase in revenue in the quarter. However, margins were under pressure, largely due to unfavorable market dynamics in the Energy business. Nonetheless, improved volume, improved pricing and effective cost control resulted in an impressive improvement in performance in Q1.