INVENTORIES (Tables)

3 Months Ended

Mar. 31, 2017

INVENTORIES [Abstract]

Inventories

Inventories included the following:

	March 31, 2017		December 31, 2016
	(thousands of dollars)
Raw material	$	3,225	$	3,627
Work in process		27		12
Finished products		11,458		14,232
Spare parts		247		-
Total inventory	$	14,957	$	17,871