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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) October 24, 2005
LSB INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-7677 73-1015226
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
16 South Pennsylvania Avenue, Oklahoma City, Oklahoma 73107
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (405) 235-4546
Not applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under Securities
Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01 Other Events
On October 24, 2005 LSB Industries, Inc. (the "Company") issued a press release
to report that its subsidiary, Cherokee Nitrogen Company, resumed production of
anhydrous ammonia and nitrogen at its Cherokee, Alabama facility, which was
suspended due to disruption in delivery of natural gas carried on the Tennessee
500 Leg natural gas pipeline.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
EXHIBIT NUMBER DESCRIPTION
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99.1 Press Release dated October 24, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Dated: October 24, 2005 LSB INDUSTRIES, INC.
By: /s/ Jim D. Jones
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Jim D. Jones,
Senior Vice President,
Corporate Controller and Treasurer
(Principal Accounting Officer)
Exhibit 99.1
LSB INDUSTRIES, INC. ANNOUNCES RESUMING PRODUCTION AT SUBSIDIARY'S
CHEROKEE, ALABAMA FACILITY
OKLAHOMA CITY, Oct. 24 -- LSB Industries, Inc. (Amex: LXU) whose common
stock is traded over the American Stock Exchange under the symbol LXU announced
today that its subsidiary, Cherokee Nitrogen Company ("CNC"), which is located
in Cherokee, Alabama, has resumed production at its anhydrous ammonia and
nitrogen products plant.
CNC suspended production on September 22, 2005 due to disruption in delivery
of natural gas carried on the Tennessee 500 Leg natural gas pipeline. Although
the Tennessee 500 Leg pipeline is expected to remain out of service under force
majeure conditions for many more weeks, CNC has recommenced production utilizing
natural gas sourced from other pipelines. The natural gas supply from these
other pipelines may be less reliable and may have a higher cost than natural gas
transported by the Tennessee 500 Leg. This may affect the rate of production or
the cost of production at the CNC plant.
LSB is a manufacturing, marketing, and engineering company with activities
on a worldwide basis. LSB's principal business activities consist of the
manufacture and sale of commercial and residential climate control products, the
manufacture and sale of chemical products for the mining, agricultural and
industrial markets, and the provision of specialized engineering services and
other activities.
This press release contains certain forward-looking statements, including,
but not limited to, that the Tennessee 500 Leg pipeline is expected to be out of
service under force majeure conditions for many more weeks, natural gas supplies
to be received by CNC from other pipelines may be less reliable and may have
higher cost than natural gas transported by the Tennessee 500 Leg, and that this
may affect uncertainties that could result in results differing materially from
such forward-looking statements, such as the general economic conditions,
recurring natural disasters (such as hurricanes), regulatory changes, changes in
business conditions and governmental policies, production issues at the CNC
plant and the terms of obtaining the natural gas. The Company has no obligation
to update any forward-looking statement.
SOURCE LSB Industries, Inc.
-0- 10/24/2005
/CONTACT: Tony M. Shelby, Chief Financial Officer of LSB Industries,
Inc., +1-405-235-4546; or Leslie A. Schupak, ext. 205, or Joe Mansi, ext. 207,
both of KCSA, +1-212-682-6300, for LSB Industries, Inc./
/Web site: http://www.lsb-okc.com /
(LXU)