Wichita, Kan.-LSB Industries Inc., Oklahoma City, said that its unit Chemex I, formerly Slurry Explosive Corp. (SEC), has agreed to pay $50,000 and pled guilty to one misdemeanor count of violating storage regulations. The agreement was approved before the U.S. District Court in Kansas on July 7. According to the U.S. Attorney’s office, SEC was only licensed to store 90,000 pounds of explosive materials at its Cherokee County, Kan., facility. However, the Bureau of Alcohol, Tobacco and Firearms inspected the facility in 2002 and found 2 million pounds of low explosives, 1.2 million pounds of blasting agents, and 170,000 pounds of high explosives.