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):  October 14, 2010 

LSB INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

 
Delaware
 
1-7677
 
73-1015226

(State or other jurisdiction
of incorporation)
 
(Commission File
Number)
 
(IRS Employer
Identification No.)
         
16 South Pennsylvania Avenue, Oklahoma City, Oklahoma

(Address of principal executive offices)
 
 73107
(Zip Code)
         
Registrant's telephone number, including area code     (405) 235-4546

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
Section 1 – Registrant’s Business and Operations
 
 
Item 1.01.  Entry into a Material Definitive Agreement.
 
On October 14, 2010, El Dorado Chemical Company (“EDC”), a subsidiary of LSB Industries, Inc. (the  “Company”), executed a new labor contract with the International Association of Machinists and Aerospace Workers AFL-CIO on behalf of Local No. 224.  The new contract is effective for a three-year term, beginning October 17, 2010, and expiring on October 16, 2013. 
 
As disclosed in the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2010, filed with the Securities and Exchange Commission on August 6, 2010, EDC began operating under the terms of a three-year collective bargaining agreement with Local 13-434 of the United Steelworkers of America International Union (“International”) on August 1, 2010, which was subject to approval by International.  As anticipated, International has approved the collective bargaining agreement.



SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:  October 19, 2010
 
 
LSB INDUSTRIES, INC.

 
By: /s/Tony M, Shelby      
Name: Tony M. Shelby
Title:  Executive Vice President of Finance,
   Chief Financial Officer