Operator: Good day, ladies and gentlemen, and welcome to the Third Quarter 2010 Albemarle Corporation Earnings Conference Call. My name is Jeff, and I'll be your operator for today. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. As a reminder, this conference is being recorded for replay purposes.
I would now like to turn the conference over to your host for today, Ms. Sandra Rodriguez, Vice President of Investor Relations and Communications. Please proceed, Ms. Rodriguez.
Sandra B. Rodriguez - Director, IR: Thanks, Jeff. Good morning everyone, and thank you for joining us today for a review of Albemarle's third quarter results, which were released after the market close yesterday.
Our press release contains preliminary results for the quarter that are subject to further review by the Company and our auditors as part of our quarter end review process. Please note that we have posted our earnings presentation as well as non-GAAP reconciliation on our website under the Investor Information section at albemarle.com.
As with every conference call, I'd caution that remarks today contain forward-looking statements. Factors that could cause results to differ from expectations are listed in our annual report on Form 10-K.
Joining me today are Mark Rohr, Chairman and Chief Executive Officer; Luke Kissam, President; John Steitz, Chief Operating Officer; and Richard Fishman, Interim Chief Financial Officer.
At this time, I will turn the call over to Mark.
Mark C. Rohr - Chairman and CEO: Thank you, Sandra, and good morning, everyone. I appreciate you joining us today for the third quarter 2010 call and look forward to your questions in a few minutes. I'd like to begin with comments on some of our recent initiatives before sharing highlights on the quarter. John will follow with some specifics about performance in each segment and will also highlight a few key trends for you. Luke will then give a brief update on the Company's strategic efforts, Before I'll wrap up, we'll give our views on the next quarter and next year.
Building on our unique position at Polymer and Catalysts, we recently announced our intention to build a research, development and manufacturing facility is South Korea, to positing the Company to capitalize on a material growth opportunities in Asia. R&D lab and pilot plant assets are near completion, allowing our team to quickly provide Catalysts samples for qualification trials with local customers.
We are very excited about this first investment in South Korea. We also recently introduced a new polymer chain extender, ETHACURE 90, which greatly improves the processing and capability of our polyurea and polyurethane spray coating systems in applications such as truck bed liners and industrial coatings for concrete and steel. We see great prospects for this proprietary product and supportive infrastructure spending around the globe.
Those of you how know us realize that bromine has been part of Albemarle's business for nearly 25 years. Demand for this element remains strong and global supplies have shrunk, creating a very tight market. To help manage this situation, we are working daily with customers to see if their needs are met, while aggressively moving to debottleneck our facilities in Arkansas and Jordan.