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LSB Industries, Inc. (symbol: LXU) is a diverse manufacturing, marketing, and engineering enterprise with a global footprint. The company's core operations involve the production and sale of a wide array of products used in both commercial and residential air-conditioning systems, as well as chemical products catering to various industries.
Under its subsidiaries, LSB Industries is a key player in the hydronic fan coils, water source and geothermal heat pumps, and large custom air handlers markets. These products are integral to air-conditioning systems, serving both commercial and residential sectors. The company’s innovative solutions in this area are renowned for their efficiency and reliability.
In addition to its HVAC (Heating, Ventilation, and Air Conditioning) products, LSB Industries is significantly involved in the chemical manufacturing industry within the United States. It produces and sells a variety of chemical products tailored to the agricultural, industrial, and mining sectors. The agricultural product line includes ammonia, fertilizer grade ammonium nitrate (AN and HDAN), and urea ammonia nitrate (UAN), which are vital for crop nutrition and soil management.
The industrial segment features products such as high purity and commercial grade ammonia, sulfuric acids, concentrated, blended, and regular nitric acid, and carbon dioxide. These chemicals are essential for a variety of industrial processes. Additionally, LSB Industries supplies diesel exhaust fluid, a critical component for reducing diesel engine emissions.
In the mining sector, LSB Industries provides industrial grade AN (LDAN) and AN solutions, which are crucial for blasting and other mining operations. The company’s products reach customers throughout the United States and North America via distributors and direct sales channels.
Recently, LSB Industries has been actively expanding its market reach and enhancing its product offerings. Strategic partnerships and ongoing projects highlight the company’s commitment to growth and innovation. The firm's financial health remains robust, backed by consistent performance and a clear focus on operational excellence.
To sum up, LSB Industries, Inc. stands out for its diversified portfolio and strong presence in both the HVAC and chemical manufacturing industries. It continues to drive value for its stakeholders through quality products, strategic initiatives, and exceptional market performance.
LSB Industries, Inc. (NYSE: LXU) has announced the pricing of $200 million in 6.250% Senior Secured Notes due 2028, increasing from the previously announced $175 million. The offering is a continuation of the Notes first issued in October 2021. The Notes will accrue interest at 6.250% and mature on October 15, 2028. Proceeds will be used for strategic acquisitions, growth projects, and general corporate purposes. The offering closing is expected on March 8, 2022, subject to customary conditions.
LSB Industries, Inc. (NYSE: LXU) plans to offer $175 million in 6.250% Senior Secured Notes due 2028 in a private offering. This issuance follows a prior $500 million issuance on October 14, 2021, and will be guaranteed by its existing and certain future subsidiaries. The proceeds from the offering will be used for strategic acquisitions, organic growth, and corporate purposes. The notes are being sold to qualified institutional buyers under Rule 144A, and the offering is subject to market conditions.
LSB Industries, Inc. (NYSE: LXU) reported record fourth quarter and full-year 2021 financial results, achieving net sales of $190.2 million and adjusted EBITDA of $90.1 million for Q4. This marks a significant increase from $88.9 million and $10.4 million in the same period in 2020, respectively. Full-year net sales reached $556.2 million, up from $351.3 million in 2020, with adjusted EBITDA of $191.0 million. The company maintains a strong liquidity position of approximately $143 million and plans to invest in growth opportunities, including green energy initiatives.
LSB Industries, Inc. (NYSE: LXU) will announce its financial results for the fourth quarter on February 23, 2022, after market close. A conference call to discuss these results will take place on February 24, 2022, at 10:00 am ET. Key executives, including President & CEO Mark Behrman and CFO Cheryl Maguire, will participate. Interested parties can join the call by dialing (201) 689-8451. A slide presentation will be available on the company's website to coincide with the call.
LSB Industries, Inc. (NYSE: LXU) announced that President & CEO Mark Behrman will participate in a fireside chat at the Sidoti & Company Virtual Micro Cap Conference on December 9, 2021, at 10:00 am ET. Additionally, Behrman and CFO Cheryl Maguire will hold one-on-one meetings throughout the day by appointment. The event will be accessible via a live webcast on the company's website, with a recording available afterward. LSB Industries specializes in manufacturing chemical products across agricultural, mining, and industrial sectors, operating facilities in multiple U.S. locations.
LSB Industries, Inc. (NYSE: LXU) announced that President & CEO Mark Behrman will participate in a fireside chat at the Bank of America Securities Leveraged Finance Conference on November 30, 2021, at 2:15 PM ET. He will also hold one-on-one meetings throughout the day by appointment. A live webcast of the presentation will be accessible on the Company’s website. LSB Industries, headquartered in Oklahoma City, manufactures chemical products for various markets.
LSB Industries, Inc. (NYSE: LXU) announced that Cheryl Maguire, Executive Vice President & CFO, will participate in a fireside chat at the Morgan Stanley Virtual Chemicals, Agriculture, and Packaging Conference on November 10, 2021, at 3:30 pm ET.
Ms. Maguire will also hold one-on-one meetings throughout the day, available by appointment. A live webcast of her presentation can be accessed in the Investors section of the Company's website. An archived recording will also be available post-event.
LSB Industries, Inc. (NYSE: LXU) reported significant financial improvements for Q3 2021, with net sales reaching $127.2 million, up from $74.0 million in Q3 2020. Adjusted EBITDA soared to $37.7 million, a 270% increase year-over-year, matching a record margin of 29.6%. Key transformations included a successful exchange of $310 million of preferred stock for common stock, leading to credit upgrades and reduced capital costs. The company’s liquidity stood at $81.1 million as of September 30, 2021, setting the stage for future growth amidst strong demand for agricultural and industrial products.
LSB Industries, Inc. (NYSE: LXU) will announce its financial results for Q3 2021 on November 1, 2021, after market close. A conference call to discuss these results will be held on November 2, 2021, at 10:00 am ET, featuring the CEO Mark Behrman and CFO Cheryl Maguire. Interested participants can join the call by dialing (201) 689-8451. A slide presentation will accompany the call and will be available on the company’s website.
LSB operates facilities in Oklahoma, Alabama, and Arkansas, manufacturing chemical products for various markets in the US, Mexico, and Canada.
LSB Industries (NYSE: LXU) has successfully completed its private offering of $500 million in 6.250% Senior Secured Notes due 2028. The net proceeds will be utilized to fully redeem $435 million of existing 9.625% Senior Secured Notes due 2023 and cover associated fees. The redemption is set for October 29, 2021. This offering strengthens LSB's financial position by lowering interest obligations. The notes were sold under Rule 144A and Regulation S, ensuring compliance with securities laws.
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