Quarterly report pursuant to Section 13 or 15(d)

INVENTORIES

v3.19.1
INVENTORIES
3 Months Ended
Mar. 31, 2019
Inventory Disclosure [Abstract]  
INVENTORIES
INVENTORIES

Inventories included the following:
 
 
March 31, 2019

 
December 31, 2018

 
 
(thousands of dollars)
Raw material
 
$
4,384

 
$
4,742

Work in process
 
137

 
173

Finished products
 
12,401

 
11,624

Total inventory
 
$
16,922

 
$
16,539



Inventory serves as collateral for our amended and restated credit agreement. See Note 10.

Inventory included specialty petrochemical products in transit valued at approximately $4.1 million and $4.1 million at March 31, 2019, and December 31, 2018, respectively.