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 September 19, 1995 (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 September 19, 1995, 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 September 19, 1995 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
VALHI TO INVEST IN WASTE TREATMENT BUSINESS DALLAS, TEXAS . . . September, 19, 1995 . . . Valhi, Inc. (NYSE:VHI) announced today that it has signed a letter of intent to purchase a 50% interest in a joint venture with Ken Bigham that will own Waste Control Specialists, Inc. (WCS). WCS has obtained permits for handling substantially all hazardous waste with RCRA and TSCA waste codes. WCS intends before the end of 1995 to commence construction at a 16,000 acre site in Andrews County, Texas, of an 11,274,000 cubic yard landfill. The facility will include two distinct 637,000 cubic yard condominium cells and is expected to be operational in 1996. The landfill is designed to be a state-of-the-art facility that will utilize advanced technology for the testing, characterization, storage and disposal of hazardous waste. Valhi expects to invest $25 million for its 50% interest. WCS will continue to be managed by its CEO, Ken Bigham. Mr. Bigham has over 15 years of experience in the business of environmental waste management, having built a substantial hazardous waste storage business that was based in Texas and subsequently sold to a publicly-held company in the environmental waste business. The transaction is subject to, among other things, completion of due diligence and approval of Valhi's Board of Directors. Valhi, Inc., is a diversified company which engages in chemicals, refined sugar, building products and other businesses.