SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
November 9, 1995
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(Date of Report, date of earliest event reported)
VALHI, INC.
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(Exact name of Registrant as specified in its charter)
Delaware 1-5467 87-0110150
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
5430 LBJ Freeway, Suite 1700, Dallas, TX 75240-2697
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(Address of principal executive offices) (Zip Code)
(214) 233-1700
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or address, if changed since last report)
Item 5: Other Events
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On November 9, 1995, the Registrant issued the press
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release attached hereto as Exhibit 99.1 which is incorporated
herein by reference.
Item 7: Financial Statements, Pro Forma Financial Information
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and Exhibits
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(c) Exhibit
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Item No. Exhibit Index
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99.1 Press release dated November 9, 1995
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issued by the Registrant
SIGNATURES
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Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
VALHI, INC.
(Registrant)
By:
/s/ Steven L. Watson
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Steven L. Watson
Vice President & Secretary
Date: November 9, 1995
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VALHI ACQUIRES 50% OF WASTE CONTROL SPECIALISTS
DALLAS, TEXAS . . . November 9, 1995 . . . Valhi, Inc. (NYSE:VHI)
announced today that, through a wholly owned subsidiary, it has
completed the previously announced transaction to acquire a 50%
interest in Waste Control Specialists LLC (WCS). Kenneth N.
Bigham controls the remaining 50% interest and will serve as Chief
Executive Officer of WCS.
WCS currently holds permits for storage, handling, treatment and
disposal of substantially all hazardous waste with RCRA and TSCA
waste codes. WCS intends to start construction in the near future
on its 16,000 acre site in Andrews County, Texas, of an 11,274,000
cubic yard landfill. The disposal portion of the facility will
include two distinct 637,000 cubic yard condominium cells. The
facility is expected to be operational in 1996. In addition to
the traditional activities of storage, treatment and disposal of
hazardous and toxic waste, WCS has designed the facility to be a
state-of-the-art facility that will invest in advanced
technologies for the testing, characterization, storage and
disposal of hazardous waste. WCS is currently pursuing
relationships with several technology providers.
Valhi's subsidiary has committed to invest $25 million for its 50%
interest and has agreed to provide certain additional financial
support for the business. Kenneth N. Bigham has over 15 years of
experience in the business of environmental waste management.
Valhi, Inc., is a diversified company engaged in chemicals,
refined sugar, building products and other businesses. WCS is
