===============================================================================

                                  UNITED STATES
                       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 (Date of earliest event reported): February 17, 2003
                                                         ----------------------



                                   VALHI, INC.
 -------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)



       Delaware                     1-5467                    87-0110150
------------------------    ------------------------    -----------------------
    (State of other             (Commission File             (IRS Employer
     jurisdiction of                  Number)             Identification No.)
     incorporation)



                            5430 LBJ Freeway, Suite 1700
                                     Dallas, TX                 75240-2697
----------------------------------------------------------  -------------------
                      (Address of principal executive offices)  (Zip Code)



       Registrant's telephone number, including area code: (972) 233-1700
                                                            -------------------



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



 ===============================================================================


<PAGE>


Item 9:  Regulation FD Disclosure

     On February 17, 2003, Valhi,  Inc. issued a press release,  a copy of which
is attached  hereto as Exhibit 99.1 and  incorporated  herein by reference.  The
furnishing of this information  pursuant to Regulation FD is not an admission as
to the materiality of the information included in this Current Report.


<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:  February 17, 2003




<PAGE>


                                INDEX TO EXHIBITS


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

99.1         Press release dated February 17, 2003 issued by Valhi, Inc.
[{"type": "8-K", "sequence": "1", "filename": "vf8k.txt", "secsgml_size_bytes": 3120}]
{"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": "001-05467", "film-number": "03570060"}, "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": "LIBERTY LOAN CORP", "date-changed": "19800414"}, {"former-conformed-name": "LLC CORP", "date-changed": "19870329"}]}
===============================================================================

                                  UNITED STATES
                       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 (Date of earliest event reported): February 17, 2003
                                                         ----------------------

                                   VALHI, INC.
 -------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

       Delaware                     1-5467                    87-0110150
------------------------    ------------------------    -----------------------
    (State of other             (Commission File             (IRS Employer
     jurisdiction of                  Number)             Identification No.)
     incorporation)

                            5430 LBJ Freeway, Suite 1700
                                     Dallas, TX                 75240-2697
----------------------------------------------------------  -------------------
                      (Address of principal executive offices)  (Zip Code)

       Registrant's telephone number, including area code: (972) 233-1700
                                                            -------------------

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

 ===============================================================================
Item 9:  Regulation FD Disclosure

     On February 17, 2003, Valhi,  Inc. issued a press release,  a copy of which
is attached  hereto as Exhibit 99.1 and  incorporated  herein by reference.  The
furnishing of this information  pursuant to Regulation FD is not an admission as
to the materiality of the information included in this Current Report.
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:  February 17, 2003
INDEX TO EXHIBITS

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

99.1         Press release dated February 17, 2003 issued by Valhi, Inc.