Press Release

OKLAHOMA CITY--(BUSINESS WIRE)--Nov. 21, 2013-- LSB Industries, Inc. (“LSB”) (NYSE:LXU) announced today that its El Dorado Chemical Company subsidiary has been issued an air permit from the Arkansas Department of Environmental Quality (“ADEQ”) for the previously announced expansion of its El Dorado, Arkansas chemical facility (“El Dorado Facility”). The expansion at the El Dorado Facility includes an ammonia plant, nitric acid plant and concentrator, and all related infrastructure. Obtaining the air permit was a key requirement before construction activities could commence on these projects.

Jack E. Golsen, LSB’s Chairman and CEO, stated, “The issuance of the air permit by the ADEQ is an important step in the process of moving our expansion plans for the El Dorado Facility forward. We expect to commence construction immediately and, once installed and operational, these plants will provide the facility with increased capacity, improved efficiency, product mix flexibility, and should result in a significant reduction of feedstock costs.”

LSB is a manufacturing and marketing company. LSB’s principal business activities consist of the manufacture and sale of chemical products for the agricultural, mining, and industrial markets and the manufacture and sale of commercial and residential climate control products, such as geothermal and water source heat pumps, hydronic fan coils and modular geothermal chillers, and large custom air handlers.

Forward-Looking Statements

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by use of the words “believes”, “expects”, “intends”, “anticipates”, “plans to”, “estimates”, “projects”, or similar expressions, including, without limitation, that the plants will provide increased capacity, improved efficiency, product mix flexibility, and should result in a significant reduction in feedstock costs. Actual results may differ materially from the forward-looking statements as a result of various future events, including without limitation, general economic conditions, weather conditions, receipt materials in a timely manner, and ability to comply with federal or state governmental regulatory requirements. These forward looking statements speak only as of the date of this press release, and LSB expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in LSB’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please refer to the publicly filed documents of LSB, including the most recent Form 10-K and Forms 10-Q for quarters ended March 31, June 30, 2013 and September 30, 2013 for additional information about LSB and about the risks and uncertainties related to LSB’s business which may affect the statements made in this press release.

Source: LSB Industries, Inc.

LSB Industries, Inc.
Tony M. Shelby, 405-235-4546
Chief Financial Officer
or
Investor Relations:
The Equity Group Inc.
Fred Buonocore, CFA, 212-836-9607
Linda Latman, 212-836-9609