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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000059255-96-000020.txt : 19960921
<SEC-HEADER>0000059255-96-000020.hdr.sgml : 19960921
ACCESSION NUMBER:		0000059255-96-000020
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19960918
ITEM INFORMATION:		Acquisition or disposition of assets
FILED AS OF DATE:		19960919
SROS:			NYSE
SROS:			PSE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VALHI INC /DE/
		CENTRAL INDEX KEY:			0000059255
		STANDARD INDUSTRIAL CLASSIFICATION:	SUGAR & CONFECTIONERY PRODUCTS [2060]
		IRS NUMBER:				870110150
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05467
		FILM NUMBER:		96632281

	BUSINESS ADDRESS:	
		STREET 1:		THREE LINCOLN CENTRE
		STREET 2:		5430 LBJ FRWY STE 1700
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240
		BUSINESS PHONE:		2142331700

	MAIL ADDRESS:	
		STREET 1:		THREE LINCOLN CENTER
		STREET 2:		5430 LBJ FREEWAY SUITE 1700
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LLC CORP
		DATE OF NAME CHANGE:	19870329

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIBERTY LOAN CORP
		DATE OF NAME CHANGE:	19800414
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>VALHI,INC.09/18/96 PRESS REL MEDITE SALE
<TEXT>





                         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 18, 1996
                  -------------------------------------------------
                  (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)
                                   (972) 233-1700
            ------------------------------------------------------------
                (Registrant's telephone number, including area code)
                                    (214) 233-1700

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


            Item 5:  Other Events
                    ------------
                    On September 18, 1996, 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 18, 1996
                                           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

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<DESCRIPTION>VALHI,INC. 09/18/96 PRESS REL MEDITE SALE
<TEXT>


          [LOGO]
                                 PRESS RELEASE


      FOR IMMEDIATE RELEASE:                          CONTACT:

      VALHI, INC.                             JOSEPH S. COMPOFELICE
      THREE LINCOLN CENTRE                    EXECUTIVE VICE PRESIDENT
      5430 LBJ FREEWAY                        (713) 423-3303
      DALLAS, TEXAS   75240-2697
      (972)  233-1700


                     VALHI AGREES TO SELL MEDITE OPERATIONS

           Dallas, Texas ... September  18, 1996 ... Valhi, Inc.
      (NYSE:VHI) announced that it has signed Letters of Intent
      involving the sale of its building products business operated by
      Medite Corporation, a wholly owned subsidiary of Valcor, Inc.,
      which is a wholly owned subsidiary of Valhi.

           The proposed sale will be accomplished in three separate
      transactions whereby the Company will sell: (1) approximately
      170,000 acres of timber and timberlands to Rogue Resources, LLC,
      an Oregon based partnership of forest product operators; (2) the
      Medford Oregon based medium density fibreboard manufacturing
      facility along with a veneer and sawmill conversion facility to
      Sierra Pine, a California limited partnership; and (3) the Irish
      medium density fibreboard operations to Willamette Industries,
      Inc. (NASDAQ:WMTT).  The transactions are subject to, among other
      things, completion of due diligence, execution of definitive
      agreements and certain regulatory approvals.

           The total cash consideration will be approximately $230
      million, subject to certain adjustments, plus the assumption of
      $20 million of foreign debt.  The transactions are expected to
      close in the fourth quarter of 1996, at which time the Company
      expects to report a pretax gain on the dispositions in excess of
      $100 million.  Approximately $53 million of the cash proceeds will
      be used to pay off Medite bank debt in the U.S.

           Valhi, Inc. is a major producer of chemicals, refined sugar,
      building products and other products.


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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