NYSE:LXU

LSB Industries, Inc. Announces the Retirement of John Burns as Executive Vice President of Manufacturing and the Appointment of Scott Bemis as His Successor

Retrieved on: 
Monday, May 6, 2024

LSB Industries, Inc. (“LSB” or “the Company”), (NYSE: LXU) today announced the retirement of John Burns as Executive Vice President of Manufacturing and that Scott Bemis has been named his successor, effective May 20, 2024.

Key Points: 
  • LSB Industries, Inc. (“LSB” or “the Company”), (NYSE: LXU) today announced the retirement of John Burns as Executive Vice President of Manufacturing and that Scott Bemis has been named his successor, effective May 20, 2024.
  • Mr. Bemis takes over the position from John Burns, who has served in the role since February 2020 and will be retiring after more than 35 years in the chemical industry.
  • Mr. Burns will remain with LSB to ensure an orderly and effective transition.
  • “We are pleased to welcome Scott to the LSB team,” said Mr. Behrman.

LSB Industries, Inc. Reports Operating Results for the 2024 First Quarter

Retrieved on: 
Monday, April 29, 2024

LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2024.

Key Points: 
  • LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2024.
  • “Our first quarter results were consistent with our expectations for a significant improvement relative to our fourth quarter of 2023," stated Mark Behrman, LSB Industries’ President and CEO.
  • "Selling prices remained lower relative to the prior year quarter as the spike in nitrogen prices experienced in 2022 kept prices elevated during the first quarter of 2023.
  • This was partially offset by a solid increase in sales volumes driven by strong demand for fertilizers, enhanced by our strategic commercial efforts.

LSB Industries, Inc. Schedules 2024 First Quarter Financial Results Release for Monday, April 29th and Conference Call for Tuesday, April 30th

Retrieved on: 
Friday, April 12, 2024

LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the first quarter ended March 31, 2024 on Monday, April 29, 2024 after the close of the stock market.

Key Points: 
  • LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the first quarter ended March 31, 2024 on Monday, April 29, 2024 after the close of the stock market.
  • LSB’s management will host a conference call on Tuesday, April 30, 2024 at 10:00 am ET / 9:00 am CT to discuss these results.
  • Participating in the call will be President & Chief Executive Officer, Mark Behrman, Executive Vice President & Chief Financial Officer, Cheryl Maguire and Executive Vice President & Chief Commercial Officer, Damien Renwick.
  • Please call in 10 minutes before the conference is scheduled to begin and ask for the LSB Industries conference call.

LSB Industries, Inc. Reports Operating Results for the 2023 Fourth Quarter and Provides Product Sales Volume Outlook for 2024

Retrieved on: 
Tuesday, March 5, 2024

LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.

Key Points: 
  • LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the fourth quarter ended December 31, 2023.
  • Total cash and short-term investments of approximately $306 million as of December 31, 2023
    This is a Non-GAAP measure.
  • “Our fourth quarter results were consistent with our expectations," stated Mark Behrman, LSB Industries’ President and CEO.
  • Our fourth quarter results benefited from increased production and sales volumes of downstream products reflecting improved manufacturing operations.”
    "Our continued focus on safety resulted in a TRIR of 0.33 for the year representing 'world class' performance.

LSB Industries, Inc. Schedules 2023 Fourth Quarter Financial Results Release for Tuesday, March 5th and Conference Call for Wednesday, March 6th

Retrieved on: 
Wednesday, February 7, 2024

LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the fourth quarter ended December 31, 2023 on Tuesday, March 5, 2024 after the close of the stock market.

Key Points: 
  • LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the fourth quarter ended December 31, 2023 on Tuesday, March 5, 2024 after the close of the stock market.
  • LSB’s management will host a conference call on Wednesday, March 6, 2024 at 10:00 am ET / 9:00 am CT to discuss these results.
  • Participating in the call will be President & Chief Executive Officer, Mark Behrman, and Executive Vice President & Chief Financial Officer, Cheryl Maguire.
  • Please call in 10 minutes before the conference is scheduled to begin and ask for the LSB Industries conference call.

LSB Industries Announces Issuance of First Sustainability Report

Retrieved on: 
Monday, December 11, 2023

LSB Industries, Inc. (“LSB” or “the Company”), (NYSE: LXU) today announced the publication of its first annual sustainability report, highlighting the Company’s vision to be a leader in the clean energy transition, and setting its Environmental, Social and Governance priorities and goals for the future.

Key Points: 
  • LSB Industries, Inc. (“LSB” or “the Company”), (NYSE: LXU) today announced the publication of its first annual sustainability report, highlighting the Company’s vision to be a leader in the clean energy transition, and setting its Environmental, Social and Governance priorities and goals for the future.
  • The inaugural report demonstrates the Company’s commitment to sustainability and highlights historical and planned activities we’ve initiated through the end of 2022.
  • “At LSB we create products that improve the quality of life for current and future generations with the goal of continually reducing our environmental impact on the planet,” stated Mark Behrman, LSB Industries’ President and CEO.
  • “We are pleased to share our first sustainability report, showcasing our commitment to implement sustainable solutions into every facet of our operations.”
    The full report can be found on the company’s web site: LSB 2022 Sustainability Report .

LSB Industries, Inc. Reports Operating Results for the 2023 Third Quarter

Retrieved on: 
Wednesday, November 1, 2023

LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the third quarter ended September 30, 2023.

Key Points: 
  • LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the third quarter ended September 30, 2023.
  • "We continue to experience a weaker pricing environment relative to last year, but our results were also impacted by lower production volumes versus our expectations.
  • While we hit a speed bump early in the quarter, our manufacturing operations have been performing well since early September, and we expect that to continue, setting us up for improved results in the fourth quarter.
  • We expect to determine our next steps on these projects in the first quarter of 2024.

LSB Industries, Inc. Schedules 2023 Third Quarter Financial Results Release for Wednesday, November 1st and Conference Call for Thursday, November 2nd

Retrieved on: 
Wednesday, October 11, 2023

LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the third quarter ended September 30, 2023 on Wednesday, November 1, 2023 after the close of the stock market.

Key Points: 
  • LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that it will release its financial results for the third quarter ended September 30, 2023 on Wednesday, November 1, 2023 after the close of the stock market.
  • LSB’s management will host a conference call on Thursday, November 2, 2023 at 10:00 am ET / 9:00 am CT to discuss these results.
  • Participating in the call will be President & Chief Executive Officer, Mark Behrman, and Executive Vice President & Chief Financial Officer, Cheryl Maguire.
  • Please call in 10 minutes before the conference is scheduled to begin and ask for the LSB Industries conference call.

Global Energy and Chemical Leaders Partner to Develop a Large-Scale, Low-Carbon Ammonia Production Export Project on the Houston Ship Channel

Retrieved on: 
Tuesday, October 3, 2023

The project also has access to utilities and would be near multiple pipelines that could supply raw materials like natural gas and water.

Key Points: 
  • The project also has access to utilities and would be near multiple pipelines that could supply raw materials like natural gas and water.
  • The project partners will bring complementary expertise to the production, operation, storage and export for the advancement of low-carbon ammonia production in the US:
    Air Liquide and INPEX would collaborate on low-carbon hydrogen production.
  • Air Liquide would be responsible for onsite nitrogen and oxygen production, using its proprietary Air Separation Unit (ASU) technology.
  • INPEX, with stakes in both hydrogen and ammonia production, will likely be the largest investor in the overall project across the entire value chain, from production to export.

LSB Industries, Inc. to Participate in Upcoming Investor Conferences

Retrieved on: 
Thursday, August 31, 2023

LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that its President & Chief Executive Officer, Mark Behrman and EVP & Chief Financial Officer, Cheryl Maguire will be participating in the following conferences:

Key Points: 
  • LSB Industries, Inc. (“LSB”), (NYSE: LXU), today announced that its President & Chief Executive Officer, Mark Behrman and EVP & Chief Financial Officer, Cheryl Maguire will be participating in the following conferences:
    UBS Chemicals Conference on Wednesday, September 6th in New York City (CEO, Mark Behrman)
    Jefferies Industrials Conference on Thursday, September 7th in New York City (CEO, Mark Behrman)
    RBC Global Industrials on Tuesday, September 12th in Las Vegas (CFO, Cheryl Maguire)
    Mr. Behrman and Ms. Maguire will be available for one-on-one meetings all day at these events.
  • To schedule a meeting please contact your sales representative at the host firm or Fred Buonocore, LSB’s Vice President of Investor Relations at [email protected] .