Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING AND SEVERANCE EXPENSES

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RESTRUCTURING AND SEVERANCE EXPENSES
12 Months Ended
Dec. 31, 2018
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND SEVERANCE EXPENSES
NOTE 21 – RESTRUCTURING AND SEVERENCE EXPENSES
During 2018, the Company incurred restructuring and severance expenses of approximately $2.3 million related to changes in executive management and the completion of projects in our specialty petrochemical segment. These expenses relate to severance, stock compensation for continued vesting of time-vested shares issued under the Company's long-term incentive plans, and certain employee benefits including medical insurance and vacation. As of December 31, 2018, approximately $1.2 million remains unpaid and is included in accrued liabilities.