Business Context and Reporting Period
Company: NL Industries, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: July 17, 2025
Reporting Period: Event date of July 17, 2025
This filing serves as a current report to disclose material events involving an affiliate of the registrant. The report does not contain standalone financial results for NL Industries, Inc. for a specific fiscal period but rather incorporates by reference disclosures made by Kronos Worldwide, Inc.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for NL Industries, Inc. or its affiliate, Kronos Worldwide, Inc. This document acts as a cross-reference to a separate filing by Kronos Worldwide, Inc. (File No. 1-31763) regarding a material definitive agreement and a direct financial obligation.
Material Changes and Events
- Affiliate Transaction: The filing incorporates by reference information from Kronos Worldwide, Inc. regarding the entry into a Material Definitive Agreement (Item 1.01) and the creation of a Direct Financial Obligation (Item 2.03).
- Credit Agreement Amendment: Exhibit 10.1 details a "Fourth Amendment to Credit Agreement" dated July 17, 2025. This agreement involves Kronos Worldwide, Inc. and various subsidiaries (including Kronos Louisiana, Inc., Kronos (US), Inc., Kronos Canada, Inc., Kronos Europe NV, and Kronos Titan GmbH) with Wells Fargo Bank, National Association, as the administrative agent.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, or specific risk factors related to NL Industries, Inc.'s operations. The primary disclosure is the existence of the amended credit facility for the affiliate, Kronos Worldwide, Inc. Investors are directed to the Kronos Worldwide, Inc. 8-K filed on the same date for full details on the financial obligation.
Investor Verification Checklist
- Verify the specific terms of the "Fourth Amendment to Credit Agreement" by reviewing the Kronos Worldwide, Inc. Form 8-K filed on July 17, 2025 (File No. 1-31763).
- Confirm the extent of NL Industries, Inc.'s exposure or guarantee obligations related to the Kronos Worldwide credit facility, as this filing only incorporates the affiliate's disclosure by reference.
- Review the list of lenders and the role of Wells Fargo Bank, National Association, as administrative agent, to understand the capital structure changes.