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



                         Date of Report: August 5, 2003




                                   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)



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


<PAGE>



Item 7:  Financial Statements, Pro Forma Financial Information and Exhibits

         (c)  Exhibit

              Item No.          Exhibit Index
              ----------        ----------------------------------------
              99.1              Press release dated August 5, 3003
                                issued by Valhi, Inc.


Item 9:  Regulation FD Disclosure

         The registrant  hereby furnishes the information set forth in the press
release issued on August 5, 2003, a copy of which is attached  hereto as Exhibit
99.1 and  incorporated  herein  by  reference.  The  registrant  furnishes  this
information  under this Item 9 and under  "Item 12.  Results of  Operations  and
Financial  Condition,"  pursuant  to  the  interim  guidance  contained  in  the
Securities  and  Exchange  Commission  Release  34-47583  promulgated  under the
Securities  Exchange Act of 1934, as amended (the "Exchange  Act"),  among other
statutes.

         The  information,  including the exhibit,  the registrant  furnishes in
this report is not deemed "filed" for purposes of section 18 of the Exchange Act
or otherwise subject to the liabilities of that section. Registration statements
or other documents filed with the Securities and Exchange  Commission  shall not
incorporate this information by reference,  except as otherwise expressly stated
in such filing.


<PAGE>


                                    SIGNATURE


         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/ A. Andrew R. Louis
                                                         -----------------------
                                                         A. Andrew R. Louis
                                                         Secretary




Date:  August 5,2003




<PAGE>


                                INDEX TO EXHIBITS


Exhibit No.       Description
-----------       --------------------------------------------------

99.1              Press release dated August 5, 2003 issued by Valhi, Inc.
[{"type": "8-K", "sequence": "1", "filename": "vhi8k.txt", "description": "VALHI 8K", "secsgml_size_bytes": 3471}]
{"company-data": {"conformed-name": "VALHI INC /DE/", "cik": "0000059255", "assigned-sic": "2060", "irs-number": "870110150", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-48391", "film-number": "03825139"}, "business-address": {"street1": "5430 LBJ FRWY", "street2": "STE 1700", "city": "DALLAS", "state": "TX", "zip": "75240", "phone": "9722331700"}, "mail-address": {"street1": "THREE LINCOLN CENTER", "street2": "5430 LBJ FREEWAY SUITE 1700", "city": "DALLAS", "state": "TX", "zip": "75240"}, "former-company": [{"former-conformed-name": "LLC CORP", "date-changed": "19870329"}, {"former-conformed-name": "LIBERTY LOAN CORP", "date-changed": "19800414"}]}
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

                         Date of Report: August 5, 2003

                                   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)

             (Former name or address, if changed since last report)
Item 7:  Financial Statements, Pro Forma Financial Information and Exhibits

         (c)  Exhibit

              Item No.          Exhibit Index
              ----------        ----------------------------------------
              99.1              Press release dated August 5, 3003
                                issued by Valhi, Inc.

Item 9:  Regulation FD Disclosure

         The registrant  hereby furnishes the information set forth in the press
release issued on August 5, 2003, a copy of which is attached  hereto as Exhibit
99.1 and  incorporated  herein  by  reference.  The  registrant  furnishes  this
information  under this Item 9 and under  "Item 12.  Results of  Operations  and
Financial  Condition,"  pursuant  to  the  interim  guidance  contained  in  the
Securities  and  Exchange  Commission  Release  34-47583  promulgated  under the
Securities  Exchange Act of 1934, as amended (the "Exchange  Act"),  among other
statutes.

         The  information,  including the exhibit,  the registrant  furnishes in
this report is not deemed "filed" for purposes of section 18 of the Exchange Act
or otherwise subject to the liabilities of that section. Registration statements
or other documents filed with the Securities and Exchange  Commission  shall not
incorporate this information by reference,  except as otherwise expressly stated
in such filing.
SIGNATURE

         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/ A. Andrew R. Louis
                                                         -----------------------
                                                         A. Andrew R. Louis
                                                         Secretary

Date:  August 5,2003
INDEX TO EXHIBITS

Exhibit No.       Description
-----------       --------------------------------------------------

99.1              Press release dated August 5, 2003 issued by Valhi, Inc.