Yes, we have two factories in the Flexible Packaging segment in the UAE and one factory in the Foodservice Packaging segment in Saudi Arabia.
Assessing the impacts of the situation is difficult; it depends very much on the duration of the situation. Energy as a cost relative to net sales is typically 3-5% at the group level. Furthermore, the price of oil affects the price of plastics, at least to some extent and over some timeframe. If our raw material costs rise, we must pass them on to sales prices. Freight costs are also typically around 3-5% relative to net sales.
It is, of course, more difficult to assess how this might potentially affect demand. That remains to be seen, and I cannot speculate on that at this stage.
I hope this helps!
/Kristian