CORRESP 1 filename1.htm
VALHI, INC.
5430 LBJ Freeway, Suite 1700
Dallas, Texas  75240

FOIA CONFIDENTIAL TREATMENT REQUEST BY VALHI, INC.


November 2, 2015

U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549

Attention:                          Mr. Terence O'Brien, Accounting Branch Chief
Division of Corporation Finance

CC:                                              Ms. Tracie Mariner
Division of Corporation Finance

Ms. Jeanne Baker
Division of Corporation Finance

RE:            Valhi, Inc.
Form 10-Q for Fiscal Quarter Ended June 30, 2015 Filed August 7, 2015
Response Letter Dated September 15, 2015
File No. 333-48391

Dear Mr. O'Brien

Exhibit A to this letter, containing just one page (the "Information"), is hereby submitted to you in response to the Staff's letter dated October 19, 2015 (the "Comment Letter") concerning the above referenced Form 10-Q of Valhi, Inc. ("Valhi").  The Information is being supplementally provided to you in response to comment number 1 in the Comment Letter.

Pursuant to 17 C.F.R. § 200.83(c), the undersigned hereby requests on behalf of Valhi that the Commission afford the Information confidential treatment for reasons of business confidentiality, and that no portion thereof be disclosed if a request for disclosure is made under the Freedom of Information Act, 5 U.S.C. § 522.  Pursuant to the Commission Rule of Information Request, 17 C.F.R. § 200.83, each page of the Information is clearly marked "Confidential Treatment Requested."

If you have any questions, you may contact the undersigned at 972-450-4228.
Securities and Exchange Commission
November 2, 2015
Page 2



Sincerely,



/s/ Gregory M. Swalwell                 
Gregory M. Swalwell,
Executive Vice President and Controller

CC:            Office of Freedom of Information and Privacy Act Operations   (w/o enclosure)
                          Securities and Exchange Commission
                          U.S. Securities and Exchange Commission
             100 F Street, N.E.
             Mail Stop 2736
             Washington, D.C. 20549

Exhibit A – Page 1 of 1
Document Supplementally Provided to the Securities and Exchange Commission November 2, 2015
Confidential Treatment Requested by Valhi, Inc.
Trailing Three-Year (or Twelve Consecutive Quarters) Cumulative Book
Tax Income (Loss) Generated by German and Belgian Jurisdictions


   
Germany
    
   
Corporate
  
Trade
    
   
Tax
  
Tax
  
Belgium
   
(In euro millions)
             
Twelve consecutive quarters ended:
            
    December 31, 2014
  
[*]
  
[*]
  
[*]
             
    March 31, 2015
  
[*]
  
[*]
  
[*]
             
    June 30, 2015
  
[*]
  
[*]
  
[*]


[*] Information omitted pursuant to a request for confidential treatment filed with the SEC by Valhi, Inc.