How Low, page-3

Hi @vcxy

I fully agree with your comments on Ukraine. I would not have expected this from German politicians today. This will now probably continue for a very long time, unbelievable. There should only be one solution to war. Peace and as quickly as possible.

To FGR I do not agree with your comnent. Of course, many things are still uncertain. But the improvement of cement or concrete applications is a huge market. The interest to improve this is also given beside the CO2 effect. Many development partners from the industry is also something new. Additives for cement have also been around forever. Different requirements and applications as well. I don't see a carrot for us here, but a new step for FGR. Interest from the industry and hopefully easier to realize improvements. It's already something different than with Firestop or batteries, for example. I see a different horizon here.

To the world situation and the world economy. Well, here I would say let's hope for the best.

L