Articles from LSB Industries, Inc.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) today announced the publication of its 2023 Sustainability Report, highlighting the Company's progress in advancing its sustainability efforts. LSB remains focused on its vision of being a leader in the clean energy transition through the production and delivery of low carbon products to multiple end markets. Additionally, the Company prioritizes its involvement in activities that support the long-term sustainability of the business, particularly with respect to its employees, customers, suppliers, the communities where it operates, as well as the environment.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) today announced that it has appointed John Chandler as an independent member of the Board of Directors (the “Board”) effective November 7, 2024. Mr. Chandler was also appointed to the audit committee of the Board.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the third quarter ended September 30, 2024.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the third quarter ended September 30, 2024 on Tuesday, October 29, 2024 after the close of the stock market.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its EVP & Chief Financial Officer, Cheryl Maguire will be participating in the following conferences:

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) today announced the retirement of Richard Roedel as Chairman of the Board of Directors (the “Board”) due to personal health reasons, effectively immediately. The Board has elected Mark Behrman, LSB’s President and CEO, to serve as Chairman of the Board. Lynn White, a member of LSB’s Board since 2015, has been appointed Lead Independent Director. Mr. Roedel will remain on the Board until a successor is identified and elected in order to ensure an orderly transition.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the second quarter ended June 30, 2024.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the second quarter ended June 30, 2024 on Wednesday, July 31, 2024 after the close of the stock market.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) today announced that it has entered into a landmark agreement to supply up to 150,000 short tons per annum of low carbon ammonium nitrate solution (“ANS”) to Freeport Minerals Corporation (“Freeport”). LSB will supply the ANS from its El Dorado, Arkansas facility (“El Dorado”) for 5 years commencing January 1, 2025, with a phasing in of the low carbon contracted volume.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its President & Chief Executive Officer, Mark Behrman and EVP & Chief Financial Officer, Cheryl Maguire will be participating in the following conferences:

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) today announced the retirement of John Burns as Executive Vice President of Manufacturing and that Scott Bemis has been named his successor, effective May 20, 2024. Mr. Bemis takes over the position from John Burns, who has served in the role since February 2020 and will be retiring after more than 35 years in the chemical industry. Mr. Burns will remain with LSB to ensure an orderly and effective transition.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2024.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the first quarter ended March 31, 2024 on Monday, April 29, 2024 after the close of the stock market.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the fourth quarter ended December 31, 2023 on Tuesday, March 5, 2024 after the close of the stock market.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) today announced the publication of its first annual sustainability report, highlighting the Company’s vision to be a leader in the clean energy transition, and setting its Environmental, Social and Governance priorities and goals for the future.

First sub-bullet of the El Dorado Carbon Capture and Sequestration (CCS) Project with Lapis Energy section should read: Awaiting approval of Class VI permit application by the EPA; expected in first half of 2025 (instead of Awaiting approval of Class VI permit application by the EPA; expected in first half of 2023).

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the third quarter ended September 30, 2023 on Wednesday, November 1, 2023 after the close of the stock market.

Tokyo-based INPEX Corporation (TSE: 1605) (“INPEX”), Paris-based Air Liquide Group (“Air Liquide”), Oklahoma City-based LSB Industries, Inc. (NYSELXU) (“LSB”), and Houston-based Vopak Moda Houston LLC (“Vopak Moda”) have agreed to collaborate on the pre-FEED for the development of a large-scale, low-carbon ammonia production and export project on the Houston Ship Channel. If the development proceeds, the project’s first phase is targeted to produce more than 1.1 million tonnes per annum (MTPA) of low-carbon ammonia by the end of 2027, with options for future expansions.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its President & Chief Executive Officer, Mark Behrman and EVP & Chief Financial Officer, Cheryl Maguire will be participating in the following conferences:

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the second quarter ended June 30, 2023.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the second quarter ended June 30, 2023 on Wednesday, July 26, 2023 after the close of the stock market.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its Vice President of Investor Relations, Fred Buonocore, will participate in the Wells Fargo Industrials Conference at the InterContinental Hotel in Chicago on Tuesday, June 13th.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) today announced that Ashley McKee will join the company as Executive Vice President and Chief Human Resources Officer, effective June 5, 2023. Ms. McKee will join the executive team reporting directly to Mark Behrman, LSB’s President and Chief Executive Officer.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its Executive Vice President & CFO, Cheryl Maguire will participate in a fireside chat during the Stifel Cross Sector Insight Conference in Boston on Wednesday, June 7, 2023 at 11:30 am ET.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) and Amogy Inc. (“Amogy”) today jointly announced they have entered into a memorandum of understanding (MOU) aimed at promoting the adoption of low-carbon ammonia as a marine fuel, initially for the U.S. inland waterways transportation sector. Through joint efforts, the companies will focus on advancing the understanding, utilization, and advocacy of low-carbon ammonia as a sustainable fuel.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its President & CEO, Mark Behrman will participate in a fireside chat with Bob Robotti, founder and President of Robotti & Co. on Wednesday, May 24, 2023 at 10:00 am ET. Planned topics of discussion are LSB’s strategy for driving multi-year growth in profitability and shareholder value through production volume improvements, capacity expansion and the development of projects to produce low and no carbon ammonia as part of the global energy transition.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced that its Board of Directors has authorized a stock repurchase program. Under the repurchase program, LSB Industries may repurchase up to $150 million of its outstanding common stock through the duration of the authorization.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2023.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the first quarter ended March 31, 2023 on Tuesday, May 2, 2023 after the close of the stock market.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) today announced that it held an investor day at the New York Stock Exchange on March 14, 2023. Several of the Company’s senior executives discussed its strategy for driving multi-year growth in profitability, cash flow and shareholder value. A webcast replay of the event, along with a downloadable version of the slide presentation that accompanied management’s remarks is currently available at https://investors.lsbindustries.com/.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2022.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) and Lapis Energy LP (“Lapis”) today jointly announced the filing of a permit application with the U.S. Environmental Protection Agency (“EPA”) to construct a Class VI well as part of their project to capture and permanently sequester carbon dioxide (“CO2”) at LSB’s El Dorado, Arkansas facility (“El Dorado”). Class VI wells are used to inject CO2 into deep rock formations. This long-term underground storage, called geologic sequestration, reduces atmospheric CO2 emissions and helps to mitigate climate change.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU) today announced that it will host an investor day for institutional investors and research analysts on Tuesday, March 14, 2023.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the fourth quarter ended December 31, 2022 on Wednesday, February 22, 2023 after the close of the stock market.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced that on Saturday, January 14, 2023 it began the phased restart of its Cherokee, AL (“Cherokee”) facility after being shut down in late December 2022 as a result of the extremely cold temperatures that impacted much of the United States.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced that its Cherokee, AL (“Cherokee”) and El Dorado, AR facilities were shut down as a result of the extremely cold temperatures that impacted much of the United States in late December 2022. The El Dorado facility has since returned to service. Repairs are currently underway at Cherokee and the facility is expected to resume production by mid-January 2023. LSB management estimates that the unplanned outages at the two facilities will collectively reduce fourth quarter 2022 operating income by approximately $5 million to $7 million, largely attributable to lost sales and reduced absorption of fixed costs.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced the pricing of the previously announced underwritten public offering (the “Offering”) by an affiliate of Eldridge Industries LLC (the “Selling Stockholder”) of an aggregate of 14,350,000 shares of the Company’s common stock at a price to the public of $13.50 per share, pursuant to the Company’s automatic shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). The Offering is expected to close on November 10, 2022, subject to customary closing conditions. The Selling Stockholder has granted the underwriters a 30-day option to purchase up to an aggregate of 1,627,500 additional shares of the Company’s common stock at the public offering price less underwriting discounts and commissions.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced that an affiliate of Eldridge Industries LLC (the “Selling Stockholder”) intends to offer for sale an aggregate of 14,350,000 shares of the Company’s common stock pursuant to the Company’s automatic shelf registration statement (the “Offering”) filed with the Securities and Exchange Commission (the “SEC”). The Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an aggregate of 1,627,500 additional shares of the Company’s common stock. The Selling Stockholder will receive all of the net proceeds from the Offering. No shares are being sold by the Company.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the third quarter ended September 30, 2022.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced that its Board of Directors has authorized an increase in the size of the Company’s previously announced $100 million stock repurchase program implemented earlier this year. Under the expanded program, LSB Industries may now repurchase up to $175 million of its outstanding common stock, of which approximately $75 million remains available for future repurchases.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its Executive Vice President & CFO, Cheryl Maguire, will participate in the Morgan Stanley Global Chemicals, Agriculture, and Packaging Conference at the Four Seasons Hotel in Boston, MA, on Wednesday, November 9th.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the third quarter ended September 30, 2022 on Tuesday, November 1, 2022, after the close of the stock market.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its Executive Vice President & CFO, Cheryl Maguire will participate in the Credit Suisse 35th Annual Specialties & Basics Conference on Wednesday, September 14th beginning at 9:30 am ET.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its President & CEO, Mark Behrman will participate in the Seaport Research Partners Annual Summer Investor Virtual Conference on Tuesday, August 23rd beginning at 9:30 am ET.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced the pricing of the previously announced underwritten public offering (the “Offering”) by affiliates of Eldridge Industries LLC (the “Selling Stockholders”) of an aggregate of 13,500,000 shares of the Company’s common stock at a price to the public of $13.00 per share, pursuant to the Company’s automatic shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). The Offering is expected to close on August 15, 2022, subject to customary closing conditions. The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an aggregate of 1,200,000 additional shares of the Company’s common stock at the public offering price less underwriting discounts and commissions.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced that affiliates of Eldridge Industries LLC (the “Selling Stockholders”) intend to offer for sale an aggregate of 13,500,000 shares of the Company’s common stock pursuant to the Company’s automatic shelf registration statement (the “Offering”) filed with the Securities and Exchange Commission (the “SEC”). The Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to an aggregate of 1,200,000 additional shares of the Company’s common stock. The Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced that its Board of Directors has authorized an increase in the size of the Company’s previously announced $50 million stock repurchase program implemented in May 2022. Under the expanded program, LSB Industries may now repurchase up to $100 million of its outstanding common stock, of which approximately $85 million remains available for future repurchases.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the second quarter ended June 30, 2022.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the second quarter ended June 30, 2022 on Wednesday, July 27, 2022, after the close of the stock market.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), is set to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted June 3.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced that Brian Jensen has joined the Company as Director of Corporate Development, effective June 14, 2022. In this newly created position, Brian will be dedicated to evaluating project investments, cultivating business development partnerships and identifying and pursuing potential merger and acquisition (M&A) opportunities, among other responsibilities.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its Executive Vice President and CFO, Cheryl Maguire will participate in a fireside chat at the Sidoti & Company Summer Small Cap Virtual Conference on Wednesday, June 15, 2022 at 12:15 pm ET.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced that it entered into agreements with thyssenkrupp Uhde USA, LLC (“thyssenkrupp Uhde”) and Bloom Energy (“Bloom”), NYSE:BENYSEBE)

LSB Industries, Inc. (“LSB” or “the Company”) (NYSELXU) today announced that its Board of Directors has authorized a stock repurchase program. Under the repurchase program, LSB Industries may repurchase up to $50 million of its outstanding common stock through the duration of the authorization.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2022.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced that it entered into an agreement with Lapis Energy (“Lapis”) to develop a project to capture and permanently sequester CO2 at LSB’s El Dorado, Arkansas facility (“El Dorado”). Lapis, backed by Cresta Fund Management, a Dallas-based middle-market infrastructure investment firm, will make 100% of the capital investment required for the project development. The project will commence immediately, with expected completion by 2025, subject to the approval of a Class VI permit, at which time CO2 injections will begin. This is the first carbon capture and sequestration (“CCS”) project announced in the state of Arkansas and the third CCS project from ammonia production in the U.S.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the first quarter ended March 31, 2022 on Tuesday, May 3, 2022, after the close of the stock market.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced the publication of its initial priorities for addressing environmental, social and governance (ESG) matters related to its business and the communities in which it operates. An interactive document posted to the ESG section of the company website at https://lsbindustries.com/esg/, summarizes the key areas of focus with respect to LSB’s sustainability initiatives, which are associated with thirteen of the seventeen United Nations Sustainable Development Goals. Clicking the UN-specific icons within the document enables readers to learn more about the purpose and progress of each of the UN goals.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2021.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the fourth quarter ended December 31, 2021 on Wednesday, February 23, 2022, after the close of the stock market.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its President & CEO, Mark Behrman will participate in a fireside chat at the Sidoti & Company Virtual Micro Cap Conference on Thursday, December 9, 2021 at 10:00 am ET.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its President & CEO, Mark Behrman will participate in a fireside chat at the Bank of America Securities Leveraged Finance Conference on Tuesday, November 30, 2021 at 2:15 pm ET.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that its Executive Vice President & CFO, Cheryl Maguire will participate in a fireside chat at the Morgan Stanley Virtual Chemicals, Agriculture, and Packaging Conference on Wednesday, November 10, 2021 at 3:30 pm ET.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced results for the third quarter ended September 30, 2021.

LSB Industries, Inc. (“LSB”), (NYSELXU), today announced that it will release its financial results for the third quarter ended September 30, 2021 on Monday, November 1, 2021, after the close of the stock market.

LSB Industries, Inc. (NYSELXU) (“LSB”) today announced the completion of its previously announced private offering of $500 million in aggregate principal amount of its 6.250% Senior Secured Notes due 2028 (the “Notes”).

As LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), previously announced, the New York Stock Exchange (“NYSE”) halted trading on LSB’s common stock on October 12, 2021 in order to address the impact on the stock price of the dividend paid by the Company on October 8, 2021 to shareholders of record on September 24, 2021 of 0.30 shares of LSB common stock for every share owned.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced that the New York Stock Exchange halted trading on LSB’s common stock in order to address the stock price adjustment applied to the Company’s common stock as a result of the fact that the 49,066,005 shares of common stock issued to LSB Funding LLC, an affiliate of Eldridge, in the exchange transaction that closed on September 27, 2021 did not receive the dividend because such shares were not outstanding on the dividend record date of September 24, 2021. We are currently working with the NYSE to address the stock price adjustment in order to enable the Company’s common stock to commence trading.

LSB Industries, Inc. (NYSELXU) (“LSB”) today announced that it priced its previously announced offering of $500 million in aggregate principal amount of senior secured notes due 2028 (the “Notes”) which will be sold in a private placement to eligible purchasers. The Notes will be guaranteed on a senior secured basis by all of LSB’s existing subsidiaries and by certain of LSB’s future domestic wholly owned subsidiaries.

LSB Industries, Inc. (“LSB” or “the Company”), (NYSELXU), today announced that it has closed the previously announced transaction (the “Exchange Transaction”) with LSB Funding LLC, an affiliate of Eldridge Industries, LLC (“Eldridge”), to exchange the shares of LSB Series E-1 and Series F-1 Redeemable Preferred Stock held by Eldridge for shares of LSB common stock. The Exchange Transaction, which was approved by LSB’s stockholders during a Special Meeting that took place on September 22, 2021, involved the exchange of $310 million of preferred stock into an equivalent value of LSB common stock based on an exchange price of $6.16, which is equal to the 30-day volume weighted average price as of the date of the Exchange Agreement.

LSB Industries, Inc. (NYSELXU) (“LSB”) today announced that it intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of senior secured notes due 2028 (the “Notes”) for sale in a private placement to eligible purchasers. The Notes will be guaranteed on a senior secured basis by all of LSB’s existing subsidiaries and by certain of LSB’s future domestic wholly owned subsidiaries.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced the results of the special stockholder meeting held earlier today. At the special meeting, LSB stockholders approved the Company’s transaction (the “Exchange Transaction”) with LSB Funding LLC, an affiliate of Eldridge Industries, LLC (“Eldridge”), to exchange the shares of LSB Series E-1 and Series F-1 Redeemable Preferred Stock held by Eldridge for shares of LSB common stock.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced that independent proxy advisory firm, Glass Lewis, has recommended that LSB shareholders vote “FOR” all of the proposals in the Definitive Proxy Statement filed by the Company on August 26, 2021 relating to the Company’s agreement (the “Exchange Agreement”) with LSB Funding LLC, an affiliate of Eldridge Industries, LLC (“Eldridge”), to exchange the shares of LSB Series E-1 and Series F-1 Redeemable Preferred Stock held by Eldridge for shares of LSB common stock.

LSB Industries, Inc. (NYSELXU) (“LSB” or the “Company”) today announced that independent proxy advisory firm, Institutional Shareholder Services (“ISS”), has recommended that LSB shareholders vote “FOR” all of the proposals in the Definitive Proxy Statement filed by the Company on August 26, 2021 relating to the Company’s agreement (the “Exchange Agreement”) with LSB Funding LLC, an affiliate of Eldridge Industries, LLC (“Eldridge”), to exchange the shares of LSB Series E-1 and Series F-1 Redeemable Preferred Stock held by Eldridge for shares of LSB common stock.