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: November 10, 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 9:  Regulation FD Disclosure

Item 12: Results of Operations and Financial Condition

     The  registrant  hereby  furnishes the  information  set forth in the press
release  issued on November  10,  2003,  a copy of which is  attached  hereto as
Exhibit 99.1 and incorporated herein by reference.

     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/ Gregory M. Swalwell
                                    ----------------------------
                                    Gregory M. Swalwell
                                    Vice President and Controller




Date:  November 10, 2003