LSB Industries, Inc. Provides Operational Update on Its El Dorado, Arkansas Facility
The Company expects to meet all customer commitments for sales in the
fourth quarter of 2017 and estimates that the EBITDA impact resulting
from the repair expenses and the reduced absorption of fixed costs
related to the collective period of downtime will be approximately
LSB will provide an update on the progress of the repairs at
About
Forward Looking Statement
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identifiable by use of the words “may,” “believe,” “expect,” “intend,” “plan to,” “estimate,” “project” or similar expressions, and include but are not limited to: enhanced reliability at our Facilities; reducing costs; expanding into new markets; reducing leverage and completing repairs on time and as estimated.
Investors are cautioned that such forward-looking statements are not
guarantees of future performance and involve risk and uncertainties.
Though we believe that expectations reflected in such forward-looking
statements are reasonable, we can give no assurance that such
expectations will prove to be correct. Actual results may differ
materially from the forward-looking statements as a result of various
factors. These and other risk factors are discussed in the Company’s
filings with the
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Source:
Company:
LSB Industries, Inc.
Mark Behrman, 405-235-4546
Chief
Financial Officer
or
Investor Relations:
The
Equity Group Inc.
Fred Buonocore, 212-836-9607
or
Kevin
Towle, 212-836-9620