Remember the fun with Covid? Massive capacity added.
Covid essentially “over”–not really, but people treating it that way.
Now, tell us what happens to all the production eqpt that will now NOT be used? Not only the eqpt, but also the large volumes of feed stock materials that are NOT going to be used by that eqpt any more. Tell us how fast that eqpt will “disappear”, and what is being done to keep those capacities available for when then are needed again?
Or not?
Those who do not learn from history are doomed to repeat it.