LSB Industries, Inc. - LAST ONE - Specimen Stock Certificate
Inv# SE2735A Specimen Stock
Oklahoma
Specimen Stock printed by Federated Banknote Company.
LSB Industries, Inc., founded on January 21, 1968, in Oklahoma City, Oklahoma, by engineer and industrial entrepreneur Jack E. Golsen, initially emerged from a post-World War II bearing company. Utilizing a diversified conglomerate model, the company rapidly expanded by acquiring distressed or underperforming industrial assets and restructuring them. A significant milestone occurred in 1969 with the acquisition of the El Dorado Chemical Company in Arkansas, laying the groundwork for its chemical manufacturing operations. Throughout the 1970s and 1980s, the company pursued both horizontal and vertical growth, maintaining a robust climate control business (HVAC manufacturing) while expanding its presence in nitrogen-based agricultural and industrial chemicals. This chemical division expanded through major manufacturing additions, including the acquisition of a prominent nitrogen facility in Cherokee, Alabama, in 1984, and the restart of the Pryor, Oklahoma chemical plant in 2000.
The 21st century witnessed a profound structural transformation that redefined the company as a highly focused industry player. Following severe operational setbacks, including a catastrophic explosion at the El Dorado facility in 2012, management embarked on a multi-year infrastructure overhaul to modernize its legacy assets and enhance efficiency. In July 2016, the company made a decisive strategic pivot by selling its entire climate control business to NIBE Industrier for approximately $364 million, officially transitioning into a pure-play nitrogen chemical producer. Under leadership updates and financial recapitalizations, LSB Industries, Inc. shifted its focus toward advanced carbon management capabilities. The company successfully commercialized massive carbon capture and sequestration initiatives at its El Dorado facility, capturing an impressive 450,000 metric tons of carbon dioxide annually. This modern firm has positioned itself as a significant supplier of low-carbon “blue” ammonia for global agricultural and industrial markets.
Stock and Bond Specimens are made and usually retained by a printer as a record of the contract with a client, generally with manuscript contract notes such as the quantity printed. Specimens are sometimes produced for use by the printing company's sales team as examples of the firms products. These are usually marked "Specimen" and have no serial numbers.








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