LSB Industries Inc. (LXU)

[Enterprising Investor]

LSB Industries, Inc. Provides Update on Its El Dorado, Arkansas Facility (7/26/16)

OKLAHOMA CITY, Okla.--(BUSINESS WIRE)--LSB Industries, Inc. (NYSE:LXU) (“LSB” or the “Company”) today announced that, due to an intense lightning storm, its El Dorado, Arkansas facility suffered a complete power outage on July 14, 2016, which caused production to be halted. Subsequent restart activities indicated that normal operating parameters had been affected from the outage and repairs were required. Adjustments to El Dorado’s ammonia plant synthesis loop are currently being made and the Company expects to restore ammonia production at nameplate capacity during the first week of August 2016.

In addition, LSB is undertaking necessary warranty repairs and modifications on its nitric acid plant at El Dorado during the seasonally slow period. The modifications and repairs on heat exchangers and NOX abatement systems are being done to increase efficiency and extend service life. The Company expects to complete the activities at the nitric acid plant in late August. Customer shipments are not expected to be interrupted as the facility has a secondary nitric acid plant and the Pryor, Cherokee and Baytown facilities are able to provide required shipments to customers if necessary.

About LSB Industries, Inc.

LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets. The Company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas and Pryor, Oklahoma, and operates a facility for a global chemical company in Baytown, Texas. LSB’s products are sold through distributors and directly to end customers throughout the United States. Additional information about the Company can be found on its website at www.lsbindustries.com.

http://www.businesswire.com/news/home/20160726005516/en/LSB-Industries-Update-El-Dorado-Arkansas-Facility