Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.20.2
INVENTORIES
6 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
INVENTORIES INVENTORIES

Inventories included the following:
 
 
June 30, 2020

 
December 31, 2019

 
 
(thousands of dollars)
Raw material
 
$
738

 
$
2,100

Work in process
 
244

 
142

Finished products
 
6,613

 
11,382

Total inventory
 
$
7,595

 
$
13,624



Inventory serves as collateral for our amended and restated credit agreement. See Note 11.

Inventory included Specialty Petrochemicals products in transit valued at approximately $1.4 million and $2.9 million at June 30, 2020 and December 31, 2019, respectively.