LSB Reports on Status of El Dorado, Says Thinks Has Sufficient Insurance to Cover Lost Revenue
LSB Industries, Inc. (the “Company”) (NYSE: LXU) released an update on progress in certain areas of its El Dorado Chemical Company subsidiary's facility located in El Dorado, Arkansas (“El Dorado Facility”).
The Company previously announced that on May 15, 2012 the El Dorado Facility suffered significant damage when a reactor in its DSN 98% concentrated nitric acid plant (“DSN”) exploded. No employees or anyone in the El Dorado community were injured as a result of the explosion, and there was no environmental impact. Following is an update to the earlier announcement.
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