FORM 8-K

                     SECURITIES AND EXCHANGE COMMISSION

                            Washington, DC 20549

                               CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of
                    the Securities Exchange Act of 1934

                       Date of Report: March 5, 1998
                     (Date of earliest event reported)



                            LANXIDE CORPORATION
           (Exact name of registrant as specified in its charter)


           DELAWARE                   0-16293               51-0270253
(State or other jurisdiction  (Commission File Number)     (IRS Employer
     of incorporation)                                   Identification No.) 




                        ----------------------------

                             1300 MARROWS ROAD
                               P.O. BOX 6077
                        NEWARK, DELAWARE 19714-6077
                               (302) 456-6200

      (Address including zip code, and telephone number including area
             code of registrant's principal executive offices)






Item 5.  Other Events.

Transactions with Commodore Environmental Services, Inc.

      On March 5, 1998, Lanxide Corporation ("Lanxide") entered into a
series of transactions with Commodore Environmental Services, Inc.
("Commodore") and certain of its subsidiaries pursuant to which, among
other things, Commodore paid $500,000 cash and its subsidiaries agreed to
cancel $4,500,000 in indebtedness to subsidiaries of Lanxide (which was
guaranteed by Lanxide) in exchange for the issuance of a royalty-bearing
license to use CERASET(TM) on a worldwide basis, excluding Japan (the
"License"). The License, which was issued pursuant to the terms of a
Settlement and Release Agreement (the "Release Agreement"), grants
Commodore certain business and technology rights that do not conflict with
the rights of Lanxide's other licenses or future licenses in the fields for
metal matrix composites and ceramic matrix composites.

      In connection with the issuance of the License, Lanxide and Commodore
amended the Securities Purchase Agreement, dated July 3, 1997 (the
"Purchase Agreement" and, as amended, the "Amended Purchase Agreement").
Pursuant to the Amended Purchase Agreement, among other things, (i) Lanxide
and Commodore each agreed to exchange all of the issued and outstanding
shares of Series G Preferred Stock of Lanxide ("Series G Preferred Stock"),
which are held by Commodore, for an equal number of Series H Preferred
Stock of Lanxide (the "Series H Preferred Stock"), (ii) Commodore's right
to purchase additional shares of Series G Preferred Stock pursuant to the
terms of the original Purchase Agreement was cancelled; (iii) Lanxide
issued a Warrant (the "Warrant") to Commodore for the purchase of up to
270,000 shares of Lanxide's common stock, at an exercise price of $7.41 per
share; and (iv) Commodore's right to purchase 250,000 shares of Series F
Preferred Stock of Lanxide ("Series F Preferred Stock") pursuant to a
Warrant issued to Commodore on July, 3, 1997 (the "1997 Warrant") was
cancelled.

      The above description of the transactions contemplated set forth
above is only a summary and is qualified in its entirety by reference to
the full text of the Release Agreement, the Amended Purchase Agreement, the
Warrant and the Certificate of Stock Designation of the Series H Preferred
Stock, which are attached hereto and incorporated by reference herein.
Reference is also made to Lanxide's Current Report on Form 8-K, filed on
July 18, 1997, and the exhibits thereto, for a description of the Purchase
Agreement, the Series F Preferred Stock, the Series G Preferred Stock and
the 1997 Warrant.

Authorization of Employee Stock Option Plan.

      In connection with the restructuring of Lanxide's operations,
Lanxide's Board of Directors authorized the adoption of a stock option plan
(the "Option Plan") pursuant to which certain employees of Lanxide will be
granted five year options to acquire shares of common stock of Lanxide for
an exercise price anticipated to be $1.00. The aggregate number of shares
to be reserved for issuance under the Option Plan will not exceed
twenty-five percent (25%) of the issued and outstanding shares of common
stock of Lanxide as of March 5, 1998, on a fully diluted basis.

Appointment of Director

      On March 5, 1998, Michael J. Hollins was elected to fill a vacancy on
Lanxide's Board of Directors and to serve as Vice President - Operations of
Lanxide.

Recommencement of Operations

      Lanxide announced in a press release issued on March 6, 1998, that
although it has commenced limited operations with reduced debt and some
limited working capital, Lanxide continues to work on additional
restructuring measures necessary to improve its working capital position.

Item 7. Financial Statements and Exhibits.

   (a)  Financial statements of business acquired:

        Not applicable.

   (b)  Pro Forma financial information:

        Not applicable.

   (c)  Exhibits:

        3.1       Certificate of Stock Designation relating to the Series H
                  Preferred Stock of Lanxide Corporation. Incorporated by
                  reference to Exhibit B to the Amendment to Securities
                  Purchase Agreement filed as Exhibit 10.2 to this Report.

        4.1       Warrant, dated July 3, 1997, issued by Lanxide
                  Corporation to Commodore Environmental Services, Inc.
                  Incorporated by reference to Exhibit A to the Amendment
                  to Securities Purchase Agreement filed as Exhibit 10.2 to
                  this Report.

      10.1        Settlement and Release Agreement, dated March 5, 1998, by
                  and among Lanxide Corporation, Lanxide Performance 
                  Materials, Inc., Marc S. Newkirk, Commodore Environmental 
                  Services, Inc. and Commodore Applied Technologies, Inc.

      10.2        Amendment to Securities Purchase Agreement, dated May 6,
                  1998, by and between Lanxide Corporation and Commodore
                  Environmental Services, Inc. Incorporated by reference to 
                  Exhibit A to the Settlement and Release Agreement filed as 
                  Exhibit 10.1 to this Report.

      99.1        Press Release issued by Lanxide on March 6, 1998.




                                 SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.


                                     LANXIDE CORPORATION


                                     By /s/ Michael J. Hollins
                                       __________________________________
                                         Michael J. Hollins
                                         Vice President - Operations




Date:  March 19, 1998




                               EXHIBIT INDEX

        3.1       Certificate of Stock Designation relating to the Series H
                  Preferred Stock of Lanxide Corporation. Incorporated by
                  reference to Exhibit B to the Amendment to Securities
                  Purchase Agreement filed as Exhibit 10.2 to this Report.

        4.1       Warrant, dated July 3, 1997, issued by Lanxide
                  Corporation to Commodore Environmental Services, Inc.
                  Incorporated by reference to Exhibit A to the Amendment
                  to Securities Purchase Agreement filed as Exhibit 10.2 to
                  this Report.

      10.1        Settlement and Release Agreement, dated March 5, 1998, by
                  and among Lanxide Corporation, Lanxide Performance 
                  Materials, Inc., Marc S. Newkirk, Commodore Environmental 
                  Services, Inc. and Commodore Applied Technologies, Inc.

      10.2        Amendment to Securities Purchase Agreement, dated May 6,
                  1998, by and between Lanxide Corporation and Commodore
                  Environmental Services, Inc. Incorporated by reference to 
                  Exhibit A to the Settlement and Release Agreement filed 
                  as Exhibit 10.1 to this Report.

      99.1        Press Release issued by Lanxide on March 6, 1998.
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FORM 8-K

                     SECURITIES AND EXCHANGE COMMISSION

                            Washington, DC 20549

                               CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of
                    the Securities Exchange Act of 1934

                       Date of Report: March 5, 1998
                     (Date of earliest event reported)

                            LANXIDE CORPORATION
           (Exact name of registrant as specified in its charter)

           DELAWARE                   0-16293               51-0270253
(State or other jurisdiction  (Commission File Number)     (IRS Employer
     of incorporation)                                   Identification No.) 

                        ----------------------------

                             1300 MARROWS ROAD
                               P.O. BOX 6077
                        NEWARK, DELAWARE 19714-6077
                               (302) 456-6200

      (Address including zip code, and telephone number including area
             code of registrant's principal executive offices)

Item 5.  Other Events.

Transactions with Commodore Environmental Services, Inc.

      On March 5, 1998, Lanxide Corporation ("Lanxide") entered into a
series of transactions with Commodore Environmental Services, Inc.
("Commodore") and certain of its subsidiaries pursuant to which, among
other things, Commodore paid $500,000 cash and its subsidiaries agreed to
cancel $4,500,000 in indebtedness to subsidiaries of Lanxide (which was
guaranteed by Lanxide) in exchange for the issuance of a royalty-bearing
license to use CERASET(TM) on a worldwide basis, excluding Japan (the
"License"). The License, which was issued pursuant to the terms of a
Settlement and Release Agreement (the "Release Agreement"), grants
Commodore certain business and technology rights that do not conflict with
the rights of Lanxide's other licenses or future licenses in the fields for
metal matrix composites and ceramic matrix composites.

      In connection with the issuance of the License, Lanxide and Commodore
amended the Securities Purchase Agreement, dated July 3, 1997 (the
"Purchase Agreement" and, as amended, the "Amended Purchase Agreement").
Pursuant to the Amended Purchase Agreement, among other things, (i) Lanxide
and Commodore each agreed to exchange all of the issued and outstanding
shares of Series G Preferred Stock of Lanxide ("Series G Preferred Stock"),
which are held by Commodore, for an equal number of Series H Preferred
Stock of Lanxide (the "Series H Preferred Stock"), (ii) Commodore's right
to purchase additional shares of Series G Preferred Stock pursuant to the
terms of the original Purchase Agreement was cancelled; (iii) Lanxide
issued a Warrant (the "Warrant") to Commodore for the purchase of up to
270,000 shares of Lanxide's common stock, at an exercise price of $7.41 per
share; and (iv) Commodore's right to purchase 250,000 shares of Series F
Preferred Stock of Lanxide ("Series F Preferred Stock") pursuant to a
Warrant issued to Commodore on July, 3, 1997 (the "1997 Warrant") was
cancelled.

      The above description of the transactions contemplated set forth
above is only a summary and is qualified in its entirety by reference to
the full text of the Release Agreement, the Amended Purchase Agreement, the
Warrant and the Certificate of Stock Designation of the Series H Preferred
Stock, which are attached hereto and incorporated by reference herein.
Reference is also made to Lanxide's Current Report on Form 8-K, filed on
July 18, 1997, and the exhibits thereto, for a description of the Purchase
Agreement, the Series F Preferred Stock, the Series G Preferred Stock and
the 1997 Warrant.

Authorization of Employee Stock Option Plan.

      In connection with the restructuring of Lanxide's operations,
Lanxide's Board of Directors authorized the adoption of a stock option plan
(the "Option Plan") pursuant to which certain employees of Lanxide will be
granted five year options to acquire shares of common stock of Lanxide for
an exercise price anticipated to be $1.00. The aggregate number of shares
to be reserved for issuance under the Option Plan will not exceed
twenty-five percent (25%) of the issued and outstanding shares of common
stock of Lanxide as of March 5, 1998, on a fully diluted basis.

Appointment of Director

      On March 5, 1998, Michael J. Hollins was elected to fill a vacancy on
Lanxide's Board of Directors and to serve as Vice President - Operations of
Lanxide.

Recommencement of Operations

      Lanxide announced in a press release issued on March 6, 1998, that
although it has commenced limited operations with reduced debt and some
limited working capital, Lanxide continues to work on additional
restructuring measures necessary to improve its working capital position.

Item 7. Financial Statements and Exhibits.

   (a)  Financial statements of business acquired:

        Not applicable.

   (b)  Pro Forma financial information:

        Not applicable.

   (c)  Exhibits:

        3.1       Certificate of Stock Designation relating to the Series H
                  Preferred Stock of Lanxide Corporation. Incorporated by
                  reference to Exhibit B to the Amendment to Securities
                  Purchase Agreement filed as Exhibit 10.2 to this Report.

        4.1       Warrant, dated July 3, 1997, issued by Lanxide
                  Corporation to Commodore Environmental Services, Inc.
                  Incorporated by reference to Exhibit A to the Amendment
                  to Securities Purchase Agreement filed as Exhibit 10.2 to
                  this Report.

      10.1        Settlement and Release Agreement, dated March 5, 1998, by
                  and among Lanxide Corporation, Lanxide Performance 
                  Materials, Inc., Marc S. Newkirk, Commodore Environmental 
                  Services, Inc. and Commodore Applied Technologies, Inc.

      10.2        Amendment to Securities Purchase Agreement, dated May 6,
                  1998, by and between Lanxide Corporation and Commodore
                  Environmental Services, Inc. Incorporated by reference to 
                  Exhibit A to the Settlement and Release Agreement filed as 
                  Exhibit 10.1 to this Report.

      99.1        Press Release issued by Lanxide on March 6, 1998.

                                 SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.

                                     LANXIDE CORPORATION

                                     By /s/ Michael J. Hollins
                                       __________________________________
                                         Michael J. Hollins
                                         Vice President - Operations

Date:  March 19, 1998

                               EXHIBIT INDEX

        3.1       Certificate of Stock Designation relating to the Series H
                  Preferred Stock of Lanxide Corporation. Incorporated by
                  reference to Exhibit B to the Amendment to Securities
                  Purchase Agreement filed as Exhibit 10.2 to this Report.

        4.1       Warrant, dated July 3, 1997, issued by Lanxide
                  Corporation to Commodore Environmental Services, Inc.
                  Incorporated by reference to Exhibit A to the Amendment
                  to Securities Purchase Agreement filed as Exhibit 10.2 to
                  this Report.

      10.1        Settlement and Release Agreement, dated March 5, 1998, by
                  and among Lanxide Corporation, Lanxide Performance 
                  Materials, Inc., Marc S. Newkirk, Commodore Environmental 
                  Services, Inc. and Commodore Applied Technologies, Inc.

      10.2        Amendment to Securities Purchase Agreement, dated May 6,
                  1998, by and between Lanxide Corporation and Commodore
                  Environmental Services, Inc. Incorporated by reference to 
                  Exhibit A to the Settlement and Release Agreement filed 
                  as Exhibit 10.1 to this Report.

      99.1        Press Release issued by Lanxide on March 6, 1998.