Our History

Company Founded by Jack Golsen

LSB Industries, Inc. is founded by Jack Golsen in 1968. Company grows as an industrial conglomerate focused on industrial products and climate control systems

El Dorado Facility Acquired

Acquired El Dorado, AR chemical manufacturing facility (“ELD”) from Monsanto

Cherokee Facility Acquired

Acquired Cherokee, AL chemical manufacturing facility (“CHK”) from La Roche Industries

Pryor Facility Production Restarted

Re-started production out of Pryor, OK chemical manufacturing facility (“PRY”), which was acquired in 2000.

ELD Expansion Begins

Completed offering of $425 million of senior secured notes and commenced major expansion project at ELD

ELD Expansion Continues

Completed structured finance transaction to provide funds to complete ELD expansion; New nitric acid plants at ELD begin production

ELD Expansion Complete

New ammonia plant at ELD begins production. Climate Control Business divested for significant gain

Ops Improvement Initiatives Commence

Kicked off operational improvement and sales maximization initiatives

Leadership Changes

Mark Behrman assumes the role of Chief Executive Officer. Cheryl Maguire assumes the role of Chief Financial Officer. Operational improvement and sales maximization initiatives are advanced

Financial Growth

Improved financial performance benefitting from strengthening end market trends and capital structure improvements

Low Carbon Projects

Announced Low Carbon (Blue) Ammonia Project at El Dorado

Amogy Collaboration

Announced Collaboration Agreement with Amogy to Develop End-to-End Supply Chain of Low-Carbon Ammonia as Transportation Fuel

Global Partnership

Announced Partnership with Global Energy and Chemical Leaders to Develop Large-Scale, Low-Carbon Ammonia Production Export Project on Houston Ship Channel

Landmark Agreement

Announced landmark 5-year agreement to supply low carbon ammonium nitrate solution to Freeport Minerals Corporation.