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LSB Industries Inc (LXU)

LXU on New York Consolidated

11.60USD
26 Aug 2016
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Latest Key Developments (Source: Significant Developments)

LSB Industries announces launch of consent solicitation
Tuesday, 23 Aug 2016 07:30am EDT 

LSB Industries Inc: LSB Industries Inc announces launch of consent solicitation .Soliciting consents from holders of its outstanding $425 million in aggregate principal amount of 7.75% senior secured notes due 2019.  Full Article

LSB Industries report Q2 loss per share $0.70 from cont ops
Monday, 8 Aug 2016 04:30pm EDT 

Lsb Industries Inc : LSB Industries Inc reports operating results for the 2016 second quarter . Q2 loss per share $0.70 from continuing operations . Q2 earnings per share view $-0.43 -- Thomson Reuters I/B/E/S . Q2 adjusted loss per share $0.73 from continuing operations . Q2 sales $110 million . Sees 2016 UAN sales 435,000 - 445,000 tons ; sees 2016 hdan sales 210,000 - 220,000 tons; sees 2016 ammonia sales 110,000 - 120,000 tons .Says expect to incur about $8 million in total turnaround expenses at Cherokee and Pryor facilities during Q3 2016.  Full Article

LSB Industries files for offering of up to 4.1 million shares of common stock - SEC filing
Wednesday, 13 Jul 2016 04:14pm EDT 

Lsb Industries Inc : Files For Offering Of Up To 4.1 Mln Shares Of Common Stock -Sec filing .Lsb industries inc says co not selling any shares of common stock and will not receive any proceeds from sale of shares by selling stockholder.  Full Article

Nibe says to acquire CCG from LSB industries for $364 million
Thursday, 12 May 2016 02:54am EDT 

Nibe : Says to acquire Climate Control Group (CCG) from LSB Industries Inc for $364 million . Says announces herewith its plans for a rights issue relating to Nibe shares worth SEK 3,000 million within due course following completion . Says agreed to pay NYSE listed LSB Industries, U.S. manufacturing group and owner of CCG, a total purchase price of $364 million .Says at year-end 2015, CCG had 1,259 employees and net sales of $274 million.  Full Article

LSB Industries Inc to sell climate control business to NIBE Industrier AB
Thursday, 12 May 2016 02:30am EDT 

LSB Industries Inc : To sell co's climate control business to nibe industrier ab of sweden for a total cash consideration of $364 million . Proceeds from transaction will primarily be used to pay down debt .LSB Industries Inc to sell climate control business to NIBE Industrier AB.  Full Article

LSB Industries Inc announces mechanical completion of its El Dorado, Arkansas facility's ammonia plant
Tuesday, 16 Feb 2016 07:00am EST 

LSB Industries Inc:Announces the mechanical completion of its El Dorado, Arkansas facility's ammonia plant; production expected to begin early second quarter 2016.As of January 31, 2016, lsb's investment in its El Dorado expansion project totaled approximately $730 million.Expects remaining expenditures for completing pre-commissioning, commissioning of ammonia plant to be in $101 to $125 million range.  Full Article

LSB Industries Inc appoints Daniel D. Greenwell as President and Chief Executive Officer
Tuesday, 29 Dec 2015 06:30am EST 

LSB Industries Inc:Says Board of Directors has appointed Interim Chief Executive Officer Daniel D. Greenwell as President and Chief Executive Officer, effective immediately.  Full Article

LSB Industries Inc provides operational update on Cherokee, Alabama and Pryor, Oklahoma Facilities
Thursday, 17 Dec 2015 06:30am EST 

LSB Industries Inc:Announced that the ammonia plant at its Cherokee, Alabama chemical facility was taken out of service for unplanned maintenance on December 11 2015 due to a small leak that was detected in a vessel containing hydrogen.Repairs are currently underway and the Cherokee Facility is expected to resume production on or around Dec. 24, 2015.LSB management estimates that this unplanned outage will reduce operating income by about $2.5 million to $3.0 million.Management anticipates that Pryor will resume urea and UAN production on or around December 21, 2015.  Full Article

LSB Industries announces closing of $210 million sale of securities
Monday, 7 Dec 2015 06:30am EST 

LSB Industries, Inc:Says it has completed the sale of $210 million of preferred stock and warrants in a private placement to an affiliate of Security Benefit Corporation that it had previously announced on Nov. 6, 2015.Intends to use the net proceeds from the sale of the securities primarily for the completion of construction of an ammonia plant, nitric acid plant and nitric acid concentrator at its chemical facility located in El Dorado, Arkansas.  Full Article

LSB Industries Inc Announces Pryor, Oklahoma Facility Resumes Production
Monday, 28 Sep 2015 07:30am EDT 

LSB Industries Inc:Says LSB Industries Inc announces that its Pryor, Oklahoma facility resumes production.Estimates periods of downtime at Pryor in August and September will reduce Q3 2015 sales volumes of uan by about 35,000 - 40,000 tons.Estimates that periods of downtime at Pryor in August and September will reduce Q3 sales volumes of uan by about 35,000 to 40,000 tons.Estimates periods of downtime at Pryor in August and September will reduce Q3 sales volumes of ammonia by about 7,000 to 10,000 tons.  Full Article