Strategic Initiatives and Corporate Developments LSB Industries repurchased $32.4 million in principal amount of Senior Secured Notes during the second quarter, aiming to reduce future interest expenses and de-risk its balance sheet. The company also continued to invest in the reliability of its plants and projects expected to enhance financial performance in the coming quarters. Management's Perspective Mark Behrman, LSB Industries' Chairman & Chief Executive Officer, highlighted the company's operational improvements and increased ammonia production volume. He noted that while higher natural gas prices offset some of the gains, the company expects these costs to be less of a headwind in the third quarter. Behrman also emphasized the favorable demand dynamics across end markets, particularly for UAN and nitric acid.