And in some respects, there's a seasonal factor in the year, but there's also, I think, the impact of a lot of folks returning to offices travel picking up as you've seen and just the you know just a greater demand for institutional use of stationary refrigerants which today remain biased to hfc so um you know the team's very proactive uh from a pricing perspective i i wouldn't want anybody to think that this team isn't very focused on the supply demand and dynamics and to your point You know, there's regulatory impacts aimed here in the U.S., FGAS in Europe, you know, which are providing a structural shift in the marketplace which will continue for many years to come.

May 3, 2022 / CEO / receipt, needs a key / Mark K. Hurd, CEO | earnings call 2022-05-03 | transcript 46147f17-7082-4269-99c8-4858386eaecb | chars 12495-13172 | segment 12