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Inventories

6 Months Ended

Jun. 30, 2019

Inventory Disclosure [Abstract]

Inventories

Inventories

			June 30, 2019						December 31, 2018
Raw materials			$	46,109					$	55,002
Work in progress			54,030						46,728
Finished goods			45,333						39,368
Spares and other			24,313						24,555
			169,785						165,653
Reduction to LIFO cost basis			(31,551)						(28,471)
Total inventories – net			$	138,234					$	137,182

Total inventories – net at June 30, 2019 were relatively flat compared to the balance at December 31, 2018. The shift in inventory categories reflects the normal course of operations including the timing of cumene deliveries and the fulfillment of customer orders.

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- References

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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