RELATED PARTY TRANSACTIONS |
12 Months Ended |
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Dec. 31, 2015 | |
RELATED PARTY TRANSACTIONS [Abstract] | |
RELATED PARTY TRANSACTIONS |
NOTE 21 – RELATED PARTY TRANSACTIONS
Consulting fees of approximately $25,000, $52,000 and $98,000 were incurred during 2015, 2014, and 2013, respectively from IHS Global FZ LLC of which Company Director Gary K. Adams holds the position of Chief Advisor – Chemicals. At December 31, 2015, and 2014, we had no outstanding liability payable to IHS Global FZ LLC.
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- References No definition available.
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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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