Oklahoma City-LSB Industries Inc. reported that results from its chemical business improved during the second quarter ending June 30 due to favorable sales prices compared to the cost of raw materials, as well as optimum production rates. Second-quarter chemical operating income was $5.2 million on sales of $78.2 million, up from the year-ago $2.9 million and $67.6 million, respectively. Six-month operating income was $6.6 million on sales of $140.7 million, versus the year-ago $4.4 million and $117.5 million, respectively. LSB also reported positive results from its climate control business. LSB-wide, second-quarter net income was $6.6 million on sales of $132.3 million, up from the year-ago $2.1 million and $109.5 million, respectively. Six-month net income was $9.2 million on sales of $244 million, versus the year-ago $3.5 million and $196.2 million, respectively.
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