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ACCOUNTING POLICIES (Detail Textuals)
$ in Millions
3 Months Ended 12 Months Ended
Oct. 05, 2015
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Feb. 28, 2011
Business Combination, Separately Recognized Transactions [Line Items]            
Gain in Other Operating Income due to Insurance Recoveries at Becancour     $ 42.3      
Gain in Other Operating Income due to Insurance Recoveries at McIntosh     3.7      
Expense for earnout liability         $ 7.9  
Business Acquisition, Percentage of Voting Interests Acquired           50.00%
Gain (Loss) on Sale of Equity Investments     0.0 $ 0.0 6.5  
Asset retirement obligation non-current     46.2 44.2    
Asset Retirement Obligation, Revision of Estimate     3.1 2.0    
Goodwill and Intangible Asset Impairment     0.0 $ 0.0 $ 0.0  
Up-front payments under the ethylene agreements $ 433.5          
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Ethylene Asset $ 410.8          
Amortization of Supply Contracts   $ 4.3 $ 4.3      
Average remaining life expectancy of the inactive participants in the defined benefit pension plan (in years)     19 18    
Minimum            
Business Combination, Separately Recognized Transactions [Line Items]            
Q4 2017 Supply Contract Payment     $ 230.0      
Q4 2020 Supply Contract Payment     425.0      
Maximum            
Business Combination, Separately Recognized Transactions [Line Items]            
Q4 2017 Supply Contract Payment     250.0      
Q4 2020 Supply Contract Payment     $ 465.0