It is argued that the inner Solar System is chemically fractionated with re
gard to the bulk Solar System. It is enriched in refractory and depleted in
volatile elements. Carbonaceous chondrites reflect the major fractionation
trends of the present inner Solar System material. Other groups of meteori
tes are indicative of processes in more local environments. Although the el
ement pattern of material in the inner Solar System bears some resemblance
to that in grains of the interstellar medium (ISM), Solar System materials
have, with few exceptions, no memory of their ISM origin. After decoupling
of the Solar System from ISM, isotopic and elemental remixing occurred foll
owed by metal, forsterite and volatile element fractionations.