Україна Ukraine

Yes, for a lot of end stage production. I’m talking about chemical stock production. So, all the different polymers, acids, starting hydrocarbons, basic pharmaceutical stock, pharmaceutical production, industrial chemical production, all the chemicals that go into producing microchips, etching chemicals, etc. this is where the massive environmental problems come from.

The chemical stock production is where all production starts. Most of this production was offshored to countries willing to take on that mess: China and India at the large scale, and at smaller scale are a bunch of African nations and a variety of smaller Asian countries. Russia too, and we see how well all the multinationals are honoring sanctions against Russia right now.