As filed with the Securities and Exchange Commission on January 23, 2001
                                                   Registration No. 333-
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

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

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

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

                   DELAWARE                                840608431
        (State or other jurisdiction of                (I.R.S. Employer
        incorporation or organization)              Identification Number)

                              551 ASPEN RIDGE DRIVE
                            LAFAYETTE, COLORADO 80026
                    (Address of principal executive offices)

                          DYNAMIC MATERIALS CORPORATION
                          EMPLOYEE STOCK PURCHASE PLAN
                            (Full title of the plan)

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

         RICHARD A. SANTA
          VICE PRESIDENT                            WITH COPIES TO:
    AND CHIEF FINANCIAL OFFICER                DEBORAH J. FRIEDMAN, ESQ.
   DYNAMIC MATERIALS CORPORATION               DAVIS GRAHAM & STUBBS LLP
       551 ASPEN RIDGE DRIVE                1550 SEVENTEENTH STREET, SUITE 500
     LAFAYETTE, COLORADO 80026                  DENVER, COLORADO 80202
          (303) 665-5700                            (303) 892-9400

            (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)

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

<TABLE>
<CAPTION>
                                  CALCULATION OF REGISTRATION FEE
==============================================================================================================

                                                          Proposed            Proposed
                                       Amount             Maximum             Maximum
   Title of Securities                  to be          Offering Price         Aggregate          Amount of
    to be Registered                 Registered         Per Share(1)      Offering Price(1)  Registration Fee

--------------------------------------------------------------------------------------------------------------
<S>                                 <C>                     <C>             <C>                   <C>
Common Stock ($.05 par value)...    125,000 shares          $1.19           $148,750              $37.19

==============================================================================================================
</TABLE>
(1)  Pursuant to Rule 457(h), the price per share and aggregate offering price
     are based upon the average of the high and low prices of the Company's
     Common Stock on January 22, 2001 as reported on The Nasdaq Stock Market.


<PAGE>


                                EXPLANATORY NOTE

         This Registration Statement registers 125,000 shares of the common
stock (the "Common Stock"), par value $.05 per share, of Dynamic Materials
Corporation (the "Company") issuable under the Company's Employee Stock Purchase
Plan. The remaining 50,000 shares have been previously registered by
Registration Statement on Form S-8, No. 333-58033, which registration statement
is hereby incorporated by reference.


<PAGE>


                                   SIGNATURES

         Pursuant to the requirements of the Securities Act of 1933, as amended,
the Company certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Lafayette, State of Colorado, on this 18th day
of January, 2001.

                                      DYNAMIC MATERIALS CORPORATION


                                      By:/s/ YVON CARIOU
                                         --------------------------------------
                                         Yvon Cariou
                                         President and Chief Executive Officer


                                POWER OF ATTORNEY

         KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Yvon Cariou and Richard A. Santa, and
each of them, as his true and lawful attorneys-in-fact and agents, with full
power of substitution and resubstitution, for him and in his name, place and
stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments) to this Registration Statement, and to file the same,
with all exhibits thereto, and all documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and
agents full power and authority to do and perform each and every act and thing
requisite and necessary to be done in connection therewith, as fully to all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents, or any of them, or their
or his substitutes or substitute, may lawfully do or cause to be done by virtue
hereof.

         Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed by the following persons in the
capacities and on the date indicated.


<TABLE>
<CAPTION>
       SIGNATURE                           TITLE                    DATE

<S>                                <C>                         <C>
/s/ YVON CARIOU                    President and Chief         January 18, 2001
-------------------------------    Executive Officer
Yvon Cariou                        (Principal Executive
                                   Officer)


<PAGE>


/s/ RICHARD A. SANTA               Vice President,  Chief      January 18, 2001
-------------------------------    Financial Officer, and
Richard A. Santa                   Secretary (Principal
                                   Financial and
                                   Accounting Officer)


                                   Chairman and Director       January 18, 2001
-------------------------------
Bernard Hueber


/s/ DEAN K. ALLEN                  Director                    January 18, 2001
-------------------------------
Dean K. Allen


/s/ BERNARD FONTANA                Director                    January 18, 2001
-------------------------------
Bernard Fontana


/s/ GEORGE W. MORGENTHALER         Director                    January 18, 2001
-------------------------------
George W. Morgenthaler


/s/ GERARD MUNERA                  Director                    January 18, 2001
-------------------------------
Gerard Munera


/s/ MICHEL PHILIPPE                Director                    January 18, 2001
-------------------------------
Michel Philippe


/s/ BERNARD RIVIERA                Director                    January 18, 2001
-------------------------------
Bernard Riviera

</TABLE>


<PAGE>


                                  EXHIBIT INDEX

Exhibit
  No.       Description
-------     --------------------------------------------------------------------
  4.1       Certificate of Incorporation of the Company (incorporated by
            reference to Exhibit B to the Company's definitive proxy statement
            filed July 14, 1997, relating to the Company's August 14, 1997
            special meeting of shareholders).

 4.2        Bylaws of the Company (incorporated by reference to Exhibit C to
            the Company's definitive proxy statement filed July 14, 1997,
            relating to the Company's August 14, 1997 special meeting of
            shareholders).

  4.3       Form of certificate representing shares of Common Stock of the
            Registrant (incorporated by reference from the Registrant's
            Quarterly Report on Form 10-QSB for the quarter ended September
            30, 1997).

  4.4       Dynamic Materials Corporation 1997 Equity Incentive Plan
            (incorporated by reference to the Company's definitive proxy
            statement filed April 17, 1997, relating to the Company's May 23,
            1997 annual meeting of shareholders).

  5.1       Opinion of Davis Graham & Stubbs LLP as to the legality of
            issuance of the Shares.

 23.1       Consent of Arthur Andersen LLP.

 23.2       Consent of Davis Graham & Stubbs LLP (see Exhibit 5.1).
[{"type": "S-8", "sequence": "1", "filename": "0001.txt", "description": "FORM S-8 (1-23-01)", "secsgml_size_bytes": 8933}]
{"company-data": {"conformed-name": "DYNAMIC MATERIALS CORP", "cik": "0000034067", "assigned-sic": "3390", "irs-number": "840608431", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-54166", "film-number": "1513489"}, "business-address": {"street1": "551 ASPEN RIDGE DR", "city": "LAFAYETTE", "state": "CO", "zip": "80026", "phone": "3036655700"}, "mail-address": {"street1": "551 ASPEN RIDGE DR", "city": "LAFAYETTE", "state": "CO", "zip": "80026"}, "former-company": {"former-conformed-name": "EXPLOSIVE FABRICATORS INC", "date-changed": "19920703"}}
As filed with the Securities and Exchange Commission on January 23, 2001
                                                   Registration No. 333-
================================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

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

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

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

                   DELAWARE                                840608431
        (State or other jurisdiction of                (I.R.S. Employer
        incorporation or organization)              Identification Number)

                              551 ASPEN RIDGE DRIVE
                            LAFAYETTE, COLORADO 80026
                    (Address of principal executive offices)

                          DYNAMIC MATERIALS CORPORATION
                          EMPLOYEE STOCK PURCHASE PLAN
                            (Full title of the plan)

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

         RICHARD A. SANTA
          VICE PRESIDENT                            WITH COPIES TO:
    AND CHIEF FINANCIAL OFFICER                DEBORAH J. FRIEDMAN, ESQ.
   DYNAMIC MATERIALS CORPORATION               DAVIS GRAHAM & STUBBS LLP
       551 ASPEN RIDGE DRIVE                1550 SEVENTEENTH STREET, SUITE 500
     LAFAYETTE, COLORADO 80026                  DENVER, COLORADO 80202
          (303) 665-5700                            (303) 892-9400

            (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)

                               ------------------
CALCULATION OF REGISTRATION FEE
==============================================================================================================

                                                          Proposed            Proposed
                                       Amount             Maximum             Maximum
   Title of Securities                  to be          Offering Price         Aggregate          Amount of
    to be Registered                 Registered         Per Share(1)      Offering Price(1)  Registration Fee

--------------------------------------------------------------------------------------------------------------
Common Stock ($.05 par value)...    125,000 shares          $1.19           $148,750              $37.19

==============================================================================================================
(1)  Pursuant to Rule 457(h), the price per share and aggregate offering price
     are based upon the average of the high and low prices of the Company's
     Common Stock on January 22, 2001 as reported on The Nasdaq Stock Market.
EXPLANATORY NOTE

         This Registration Statement registers 125,000 shares of the common
stock (the "Common Stock"), par value $.05 per share, of Dynamic Materials
Corporation (the "Company") issuable under the Company's Employee Stock Purchase
Plan. The remaining 50,000 shares have been previously registered by
Registration Statement on Form S-8, No. 333-58033, which registration statement
is hereby incorporated by reference.
SIGNATURES

         Pursuant to the requirements of the Securities Act of 1933, as amended,
the Company certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Lafayette, State of Colorado, on this 18th day
of January, 2001.

                                      DYNAMIC MATERIALS CORPORATION

                                      By:/s/ YVON CARIOU
                                         --------------------------------------
                                         Yvon Cariou
                                         President and Chief Executive Officer

                                POWER OF ATTORNEY

         KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Yvon Cariou and Richard A. Santa, and
each of them, as his true and lawful attorneys-in-fact and agents, with full
power of substitution and resubstitution, for him and in his name, place and
stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments) to this Registration Statement, and to file the same,
with all exhibits thereto, and all documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and
agents full power and authority to do and perform each and every act and thing
requisite and necessary to be done in connection therewith, as fully to all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents, or any of them, or their
or his substitutes or substitute, may lawfully do or cause to be done by virtue
hereof.

         Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed by the following persons in the
capacities and on the date indicated.
SIGNATURE                           TITLE                    DATE
/s/ YVON CARIOU                    President and Chief         January 18, 2001
-------------------------------    Executive Officer
Yvon Cariou                        (Principal Executive
                                   Officer)
/s/ RICHARD A. SANTA               Vice President,  Chief      January 18, 2001
-------------------------------    Financial Officer, and
Richard A. Santa                   Secretary (Principal
                                   Financial and
                                   Accounting Officer)

                                   Chairman and Director       January 18, 2001
-------------------------------
Bernard Hueber

/s/ DEAN K. ALLEN                  Director                    January 18, 2001
-------------------------------
Dean K. Allen

/s/ BERNARD FONTANA                Director                    January 18, 2001
-------------------------------
Bernard Fontana

/s/ GEORGE W. MORGENTHALER         Director                    January 18, 2001
-------------------------------
George W. Morgenthaler

/s/ GERARD MUNERA                  Director                    January 18, 2001
-------------------------------
Gerard Munera

/s/ MICHEL PHILIPPE                Director                    January 18, 2001
-------------------------------
Michel Philippe

/s/ BERNARD RIVIERA                Director                    January 18, 2001
-------------------------------
Bernard Riviera
EXHIBIT INDEX

Exhibit
  No.       Description
-------     --------------------------------------------------------------------
  4.1       Certificate of Incorporation of the Company (incorporated by
            reference to Exhibit B to the Company's definitive proxy statement
            filed July 14, 1997, relating to the Company's August 14, 1997
            special meeting of shareholders).

 4.2        Bylaws of the Company (incorporated by reference to Exhibit C to
            the Company's definitive proxy statement filed July 14, 1997,
            relating to the Company's August 14, 1997 special meeting of
            shareholders).

  4.3       Form of certificate representing shares of Common Stock of the
            Registrant (incorporated by reference from the Registrant's
            Quarterly Report on Form 10-QSB for the quarter ended September
            30, 1997).

  4.4       Dynamic Materials Corporation 1997 Equity Incentive Plan
            (incorporated by reference to the Company's definitive proxy
            statement filed April 17, 1997, relating to the Company's May 23,
            1997 annual meeting of shareholders).

  5.1       Opinion of Davis Graham & Stubbs LLP as to the legality of
            issuance of the Shares.

 23.1       Consent of Arthur Andersen LLP.

 23.2       Consent of Davis Graham & Stubbs LLP (see Exhibit 5.1).