LSB Industries, Inc. Updates Status of El Dorado Facility Expansion

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LSB Industries (LXU) Issues Update on EDC Expansion; Bosts Cost Estimate

July 14, 2015 4:21 PM EDT

LSB Industries (NYSE: LXU) provided an update on the status of the expansion project at its El Dorado, Arkansas facility (EDC expansion). The new nitric acid plant and concentrator are on schedule to be completed and operational by the end of the third quarter of 2015. The 375,000 ton per year ammonia plant remains on schedule to be completed and operational in the first quarter of 2016. The Companys current cost estimate for... More