SECURITIES AND EXCHANGE COMMISSION


                              WASHINGTON, DC 20549


                                    FORM 8-K

                                 CURRENT REPORT


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



                                 July 20, 1994                   
                (Date of Report, date of earliest event reported)




                                    VALHI, INC.                       
             (Exact name of Registrant as specified in its charter)


              Delaware              1-5467             87-0110150     
            (State or other        (Commission         (IRS Employer
             jurisdiction of        File Number)        Identification
             incorporation)                             No.) 


             5430 LBJ Freeway, Suite 1700, Dallas, TX     75240-2697  
             (Address of principal executive offices)     (Zip Code)



                                (214) 233-1700                        
              (Registrant's telephone number, including area code)



                                Not applicable                        
             (Former name or address, if changed since last report)

Item 5:  Other Events

         On July 20, 1994, the Registrant issued the press release attached
hereto as Exhibit 99.1 which is incorporated herein by reference.  

Item 7:  Financial Statements,  Pro Forma  Financial Information
         and Exhibits

    (c)  Exhibit

         Item No.                    Exhibit Index               

           99.1        Press release dated July 20, 1994
                       issued by the Registrant

                                   SIGNATURES


     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.



                              VALHI, INC.
                              (Registrant)



                              By: /s/ Steven L. Watson           
                                  Steven L. Watson
                                  Vice President & Secretary



Date:  July 20, 1994

FOR IMMEDIATE RELEASE:                     CONTACT:

Valhi, Inc.                                William C. Timm
5430 LBJ Freeway, Suite 1700               Vice President - Finance
Dallas, TX 75240                           (214) 450-4212



          JOSEPH S. COMPOFELICE NAMED EXECUTIVE VICE PRESIDENT AT VALHI


    DALLAS, TEXAS . . . July 20, 1994 . . . Harold Simmons, Chairman and Chief
Executive Officer of Valhi, Inc. announced today the appointment of Joseph S.
Compofelice as Executive Vice President of Valhi, Inc.  Mr. Simmons said, "Joe
will work with me on strategic planning and dealing with the capital markets. 
Joe will continue in his role as Chief Financial Officer at NL Industries, Inc.
and Tremont Corporation."

    Valhi, Inc., headquartered in Dallas, Texas, is a diversified industrial
management company engaged in the refined sugar, forest products, fast food and
hardware products industries.  Valhi is also engaged in the chemicals and
titanium metals industries through its equity interests in NL Industries and
Tremont Corporation.  Valhi's common stock is traded on the New York and Pacific
Stock Exchanges under the symbol "VHI."


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