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): February 15, 1996
NL INDUSTRIES, INC.
(Exact name of registrant as specified in charter)
New Jersey 1-640 13-5267260
(State or other (Commission File No.) (Employer ID No.)
jurisdiction of
incorporation)
16825 Northchase Dr., Suite 1200, Houston, Texas 77060
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (713) 423-3300
Not Applicable
(Former name or former address, if changed since last report)
Item 5. Other Events.
On February 15, 1996, the Registrant issued the press release attached
hereto as Exhibit 99.1 and incorporated herein in its entirety by this
reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
(i) Exhibit 99.1. Press Release dated February 15, 1996.
* * * * *
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 thereunto duly authorized.
NL INDUSTRIES, INC.
(Registrant)
/s/ Dennis G. Newkirk
Dennis G. Newkirk
Vice President & Controller
Dated: February 16, 1996
Joseph S. Compofelice
(713) 423-3332
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
NL INDUSTRIES, INC. RESUMES DIVIDEND
Houston, Texas February 15, 1996 -- NL Industries, Inc. (NYSE:NL) announced that
its Board of Directors has declared a dividend of ten cents per share on its
common stock, payable March 15, 1996 to shareholders of record March 1, 1996.
J. Landis Martin, President and Chief Executive Officer, stated "We are pleased
to be resuming a regular quarterly dividend, reflecting our expectation that
industry capacity utilization rates will increase during the next several years,
despite current softness in titanium dioxide pigment prices."
NL Industries is a major international producer of titanium dioxide pigments and
specialty chemicals.
The statements in this release relating to matters that are not historical facts
are forward looking statements that involve risks and uncertainties, including,
but not limited to, future global economic conditions, global titanium dioxide
pigment productive capacity, competitive products and prices and other risks and
uncertainties detailed in the Company's Securities and Exchange Commission
filings.
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