LSB INDUSTRIES INC
8-K, 1999-07-28
INDUSTRIAL INORGANIC CHEMICALS
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                          UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549



                             FORM 8-K

                          CURRENT REPORT





             Pursuant to Section 13 or 15(d) of the
                 Securities Exchange Act of 1934



 Date of Report (Date of earliest event reported):  July 6, 1999
                                                   _______________


                       LSB INDUSTRIES, INC.
      _____________________________________________________
      (Exact name of registrant as specified in its charter)



    Delaware                 1-7677             73-1015226
________________         _______________     __________________
(State or other         (Commission File    (IRS Employer
 jurisdiction of           Number)          Identification No.)
  incorporation)




16 South Pennsylvania Avenue, Oklahoma City, Oklahoma     73107
_____________________________________________________   _________
 (Address of principal executive offices)              (Zip Code)


Registrant's telephone number, including area code: (405) 235-4546
                                                   _______________


                          Not applicable
   ___________________________________________________________
  (Former name or former address, if changed since last report)
<PAGE>

Item 5.   Other Information.
          _________________

     On July 6, 1999, the New York Stock Exchange ("NYSE") suspended
the registrant's common stock and $3.25 Convertible Exchangeable Class
C Preferred Stock, Series 2 (the "Preferred Stock") from trading on
the NYSE, and the NYSE notified the registrant that the NYSE intends to
delist the registrant's common stock and Preferred Stock.   The NYSE
cited certain quantitative listing criteria for the suspension and
proposed delisting of the common stock and Preferred Stock.  The
registrant's common stock is currently being traded on the NASDAQ
bulletin board over-the-counter market under the symbol "LSBD," and
the registrant intends to take steps to allow the Preferred Stock to
trade in the over-the-counter market.

     Copies of the related press releases are included as exhibits
to this filing and are incorporated herein by reference.

Item 7.   Financial Statements and Exhibits.
          _________________________________

          (c)  Exhibits.

               99.1 Press release, dated June 14, 1999.

               99.2 Press release, dated June 29, 1999.

               99.3 Press release, dated July 2, 1999.

               99.4 Press release, dated July 9, 1999.









                                - 1 -
<PAGE>

                            SIGNATURE

     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.

     Dated: July 26, 1999.

                              LSB INDUSTRIES, INC.



                              By:  /s/ Tony M. Shelby
                                 _______________________________
                                   Tony M. Shelby
                                   Senior Vice President and
                                   Chief Financial Officer




























K-M\LSB\8K\8K0799

                                          LSB
                                          INDUSTRIES
NEWS: for immediate release
________________________________________________________________
                                    POST OFFICE BOX 754 (73101)
                                   16 SOUTH PENNSYLVANIA (73107)
                                      OKLAHOMA CITY, OK U.S.A.
                                         PHONE 405-235-4546
                                        TELEX 203656 LSB UR
                                          FAX 405-235-5067

LSB Industries, Inc. Announces That It Has Been Advised by the
       New York Stock Exchange That It Intends to Apply to
                     De-List LSB's Securities


     OKLAHOMA CITY, June 14 /PRNewswire/ - LSB Industries, Inc.
(NYSE: LSB) ("LSB") announced today that it has been notified
that the New York Stock Exchange ("NYSE") intends to apply to de-
list LSB's securities from trading due to LSB not meeting certain
listing criteria, and that LSB's securities will be suspended
from trading on the NYSE prior to the opening of the market on
Tuesday, June 29, 1999.
     LSB is in discussions with other national securities
exchanges and organized securities markets to list LSB's common
stock and $3.25 Convertible Series C preferred stock for trading.
     LSB is a manufacturing, marketing and engineering company
with activities on a worldwide basis.  LSB's principal business
activities consist of the manufacture and sale of chemical
products for the mining, agricultural and industrial markets, the
manufacture and sale of commercial and residential climate
control products, the provision of specialized engineering
services, and other activities.

SOURCE LSB Industries, Inc.
    -0-                       06/14/99
     /CONTACT: Tony M. Shelby, Chief Financial Officer of LSB
Industries, Inc., 405-235-4546; or Leslie A. Schupak, ext. 205,
or Joe Mansi, ext. 207, both of KSCA, 212-682-6300, for LSB
Industries, Inc./
     /Web site: http://www.lsbindustries.com/
     (LSB)

                               -0-


                                          LSB
                                          INDUSTRIES
NEWS: for immediate release
________________________________________________________________
                                    POST OFFICE BOX 754 (73101)
                                   16 SOUTH PENNSYLVANIA (73107)
                                      OKLAHOMA CITY, OK U.S.A.
                                         PHONE 405-235-4546
                                        TELEX 203656 LSB UR
                                          FAX 405-235-5067

LSB Industries, Inc. Announces Extension of Securities Trading
         on New York Stock Exchange Until Prior to Opening
                    of Trading on July 6, 1999


     OKLAHOMA CITY, June 29 /PRNewswire/ - LSB Industries, Inc.
(NYSE: LSB) announced today that it has been advised by the New
York Stock Exchange ("NYSE") that the NYSE has extended trading
to allow the American Stock Exchange ("AMEX") to complete its
consideration of LSB's application to list LSB's securities for
trading on the AMEX.
     LSB had previously been notified that LSB's common stock and
$3.25 Convertible Exchangeable Class C preferred stock would be
suspended from trading on the NYSE prior to the opening of the
market on Tuesday, June 29, 1999.  The NYSE has advised LSB that
the trading of LSB securities on the NYSE has been extended until
prior to opening of trading on the NYSE on Tuesday, July 6, 1999.
     LSB is a manufacturing, marketing and engineering company
with activities on a worldwide basis.  LSB's principal business
activities consist of the manufacture and sale of chemical
products for the mining, agricultural and industrial markets, the
manufacture and sale of commercial and residential climate
control products, the provision of specialized engineering
services, and other activities.

SOURCE LSB Industries, Inc.
     -0-                       06/29/99
     /CONTACT: Tony M. Shelby, Chief Financial Officer of LSB
Industries, Inc., 405-235-4546; or Leslie A. Schupak, ext. 205,
or Joe Mansi, ext. 207, both of KSCA, 212-682-6300, for LSB
Industries, Inc./
     /Web site: http://www.lsbindustries.com/
     (LSB)

                              - 30 -


                                          LSB
                                          INDUSTRIES
NEWS: for immediate release
________________________________________________________________
                                    POST OFFICE BOX 754 (73101)
                                   16 SOUTH PENNSYLVANIA (73107)
                                      OKLAHOMA CITY, OK U.S.A.
                                         PHONE 405-235-4546
                                        TELEX 203656 LSB UR
                                          FAX 405-235-5067

     LSB Industries, Inc. Common Stock and Series C Preferred
            Will Trade in the Over-the-Counter Market


     OKLAHOMA CITY, July 2 /PRNewswire/ - LSB Industries, Inc.
(NYSE: LSB) ("LSB") announced today that its common stock and
$3.25 Convertible Exchangeable Class C preferred stock ("Series C
Preferred") will not be listed for trading on the American Stock
Exchange.  The Company's common stock and Series C Preferred will
be traded over-the-counter beginning July 6, 1999.
     LSB is a manufacturing, marketing and engineering company
with activities on a worldwide basis.  LSB's principal business
activities consist of the manufacture and sale of chemical
products for the mining, agricultural and industrial markets, the
manufacture and sale of commercial and residential climate
control products, the provision of specialized engineering
services, and other activities.

SOURCE LSB Industries, Inc.
    -0-                       07/02/99
     /CONTACT: Tony M. Shelby, Chief Financial Officer of LSB
Industries, Inc., 405-235-4546; or Leslie A. Schupak, ext. 205,
or Joe Mansi, ext. 207, both of KSCA, 212-682-6300, for LSB
Industries, Inc./
     /Web site: http://www.lsbindustries.com/
     (LSB)

                              - 30 -


                                          LSB
                                          INDUSTRIES
NEWS: for immediate release
________________________________________________________________
                                    POST OFFICE BOX 754 (73101)
                                   16 SOUTH PENNSYLVANIA (73107)
                                      OKLAHOMA CITY, OK U.S.A.
                                         PHONE 405-235-4546
                                        TELEX 203656 LSB UR
                                          FAX 405-235-5067

      LSB Industries, Inc. Announces Common Stock Trading on
     Over-the-Counter Bulletin Board Will Begin July 9, 1999


     OKLAHOMA CITY, July 9 /PRNewswire/ - LSB Industries, Inc.
(OTC Bulletin Board: LSBD) ("LSB") announced today that its
Common Stock will begin trading on the Over-the-Counter Bulletin
Board ("OTCBB") under the symbol of LSBD on July 9, 1999.
Certain brokers have filed with the NASD to become Market Makers
in the Company's stock.  Those Market Makers are listed on LSB's
website at www.lsb-okc.com.
     LSB is a manufacturing, marketing and engineering company
with activities on a worldwide basis.  LSB's principal business
activities consist of the manufacture and sale of chemical
products for the mining, agricultural and industrial markets, the
manufacture and sale of commercial and residential climate
control products, the provision of specialized engineering
services, and other activities.

SOURCE LSB Industries, Inc.
    -0-                       07/09/99
     /CONTACT: Tony M. Shelby, Chief Financial Officer of LSB
Industries, Inc., 405-235-4546; or Leslie A. Schupak, ext. 205,
or Joe Mansi, ext. 207, both of KSCA, 212-682-6300, for LSB
Industries, Inc./
     /Web site: http://www.lsbindustries.com/
     (LSBD)

                              - 30 -



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