We continue to lead as innovators in the packaging industry, with over 100 new product introductions in 2022. We invested $33 million in research and development, a 50% increase over the prior year. We are leveraging our materials science expertise and state-of-the-art product design and testing capabilities to develop new and innovative products to meet our customers’ needs, as well as increase food safety. Our most recent innovations include tamper evident fry cartons, developed to meet the evolving needs of today’s foodservice operators, and McDonald’s circular clear cups which are sourced from equal parts postconsumer recycled and biobased polypropylene. As customers look to switch to more sustainable alternatives, we are well-positioned to quickly and effectively support them, thanks to our teams of materials scientists and engineers.