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: May 1, 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 May 1, 3003
                                          issued by Valhi, Inc.


Item 9:  Regulation FD Disclosure

     The  registrant  hereby  furnishes the  information  set forth in the press
release  issued on May 1, 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/ Gregory M. Swalwell
                                           ----------------------------
                                           Gregory M. Swalwell
                                           Secretary




Date:  May 1,2003







                                INDEX TO EXHIBITS


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

99.1              Press release dated May 1, 2003 issued by Valhi, Inc.