 I'm now moving to Yosong Yim, your VP Vice President at the Corporate Strategy Center of Yosong Corporation, a prominent South Korean conglomerate. And what's interesting is that your company is already embracing, natively to say so, recycling in all its processes. Could you tell us more about that? Sure. Thank you, Lucia. For those of you who don't know what Yosong does, today we have a very diversified business portfolio ranging from textiles to energy, chemicals, and advanced materials. But what you have to understand is that Yosong started out in 1966 as a maker of nylon and polyester fiber. And since then, we have expanded these products into tire cords, carpets, airbags, seatbelts to name just a few. So therefore, the big portion of our recycling program in Yosong revolves around the reuse of pre-consumer and post-consumer nylon and polyester waste. Currently, we can do most of the mechanical recycling of polyester and nylon. But chemical recycling is much harder. This is because the key success factor in mechanical recycling is actually securing clean waste of nylon and pet products. But for chemical cycling, what you do is you take contaminated dirty nylon and polyester waste, and you break them down by melting it, and you have to filter out the impurities, the contaminated parts. You have to single out all the other compounds that you don't need, and you have to single out the raw material that you want to actually recycle. So this is much harder than mechanical recycling. And in this area, Yosong still has some work to catch up. But I think the point that I want to make here is that, as you can see, there are many recycled products out there already. I mean, the technology is there. But the problem is, is there a demand for these products currently in the market? Sadly, the answer is no. This is because no one is willing to pay for it. A success story of one of our recycled product is a product named Regen, which is a short for regenerated fiber. What we do is we take used pet bottles, mechanically crush them, and then we use it to re-bake polyester fiber from that. And currently, we can't make enough of them because the only limitations that we have right now is actually trying to secure more of the used pet bottles. But as there's only a limited amount of pet bottles recirculating in the economy, we are very limited. And the demand is there. This is because apparel brands can use 100% recycled pet fiber to make jackets and a lot of clothing. But they're willing to take on these higher prices, which is about 15 or 20% higher than normal non-recycled pet products, pet fiber. They're willing to take on this higher cost because actually raw materials, fibers, only account for 20% of the price of clothing that you all wear. So if you factor in the pricing is only 15% higher and the raw material accounts for only 20%, the actual price hikes that the apparel brands have to absorb is only 3% to 4%. But they're willing to do this because the benefits of in the form of enhanced brand awareness and increased sales of their recycled clothing is much higher than the cost that they bear buying recycled products. But this is a success story. But the sad thing is that most other polyester and nylon products that we make doesn't share the same story. One example is recycled spandex. Spandex is the elastic fiber that you put in, that you mix with other fibers to give you the stretchy function of your clothing. The thing with spandex is that you only use 10% of these fibers. You mix 10% spandex with 90% nylon or pet fibers. So for apparel brands to actually buy a higher costing recycled spandex into their brands and then calling it, how would you say, eco-friendly products is really, I don't think no consumer will buy that story. So they're really reluctant to imbibe these other products that make up only small portion of their raw materials. So I think we have to make more attention, needs to be made to increase demands for products that are already out there. And I think this is crucial if you want to actually get the circular economy going as fast as we would like them to. Thank you. So the quality of what needs recycling matters. So one of your byproducts in your industrial process is hydrogen. And you're now looking at that as not only a byproduct, but also a source of energy, of course. So tell us more about that. OK. As Lucia just said, we produce hydrogen from a process called PPTH, the hydrogen nation process. What we do is we take a molecule of propane and we strip it with two molecules of hydrogen. And if you strip propane of two molecules of hydrogen, you get a substance called propylene. And if you mix together more propylene with each other, it becomes polypropylene. And polypropylene is the raw material that is used to make thermal plastics. For example, hard pipes, piping, protective films. So it is the source of plastics that we use every day in our lives. But with the hydrogen that is produced, generated in the process of making this polypropylene, what we do is we are taking this hydrogen and we are actually recirculating that into the economy as a fuel for mobility. We're doing that currently as a 50-50 joint venture with Linde of Germany. And we are currently in the stages of building the liquefaction plant. What we're doing is we're liquefying the hydrogen gas. Currently, all of the hydrogen that is consumed within Korea right now is supplied in the form of gas. But you may ask, then why are you liquefying it? It's really about economics. If you have a vast network of pipeline that is just dedicated to the transport of hydrogen, then hydrogen gas makes sense. But without that network, it is far more cheaper to actually transport large amounts of hydrogen to wherever you want within Korea. This is mainly because liquid hydrogen has a density, which is only about 1,800th of hydrogen gas. This means that you can transport 13 times more hydrogen to refueling station or wherever you need it. Yes, additional costs are borne because we have to actually add the liquefaction plant. And also, we have to keep the hydrogen low to minus 253 degrees to keep it in the form of liquid. Yes, that adds costs to the hydrogen costs. But the savings that we get from the transportation costs far outweigh any rises in cost. So what we're doing is we're building hydrogen fueling station, liquid hydrogen fueling station, and we're targeting non-passenger cars, bigger cars that require more hydrogen, buses and trucks. And we are targeting opening up our plant and our refueling station early 2024. Thank you. So definitely, besides a byproduct, what is interesting in that example is that you become an energy producer, so renewable. And that's also a change in paradigm.