SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* CONTRAN CORP (Last) (First) (Middle) 5430 LBJ FRWY SUITE 1700 (Street) DALLAS TX 75240 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol VALHI INC /DE/ [ VHI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 01/04/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 par value	01/04/2008		J ( 1 )		37,002 ( 2 )	A	$14.8627	37,002	I	by TFMC ( 3 )
Common Stock, $0.01 par value	01/07/2008		J ( 1 )		56,698 ( 4 )	A	$14.922	93,700	I	by TFMC ( 3 )
Common Stock, $0.01 par value	01/08/2008		J ( 1 )		6,300	A	$14.75	100,000	I	by TFMC ( 3 )
Common stock, $0.01 par value per share								105,538,163	I	by Valhi Holding Co. ( 5 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* CONTRAN CORP (Last) (First) (Middle) 5430 LBJ FRWY SUITE 1700 (Street) DALLAS TX 75240 (City) (State) (Zip)

1. Name and Address of Reporting Person* VALHI HOLDING CO (Last) (First) (Middle) 5430 LBJ FREEWAY SUITE 1700 (Street) DALLAS TX 75240 (City) (State) (Zip)

1. Name and Address of Reporting Person* TIMET FINANCE MANAGEMENT CO (Last) (First) (Middle) 913 N MARKET ST SUITE 217 (Street) WILMINGTON DE 19801 (City) (State) (Zip)

1. Name and Address of Reporting Person* TITANIUM METALS CORP (Last) (First) (Middle) 5430 LBJ FREEWAY SUITE 1700 (Street) DALLAS TX 75240 (City) (State) (Zip)

1. Name and Address of Reporting Person* DIXIE RICE AGRICULTURE CORP INC (Last) (First) (Middle) 600 PASQUIERE ST (Street) GUEYDAN LA 70542 (City) (State) (Zip)

1. Name and Address of Reporting Person* SIMMONS HAROLD C (Last) (First) (Middle) THREE LINCOLN CENTRE 5430 LBJ FREEWAY STE 1700 (Street) DALLAS TX 75240-2697 (City) (State) (Zip)

Explanation of Responses:

1. Open market purchase by TIMET Finance Managment Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationships among the persons joining in this filing.

2. The aggregate shares purchased as reported represent the total amount of 38 separate purchases of the issuer's common stock on January 4, 2008 by TIMET Finance Management Company. The reported purchase price is the average purchase price for these 38 purchases, which purchase prices ranged from $14.398 to $15.00 per share.

3. Directly held by TIMET Finance Management Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationships among the persons joining in this filing.

4. The aggregate shares purchased as reported represent a total of 78 separate purchases of the issuer's common stock on January 7, 2008 by TIMET Finance Management Company. The reported purchase price is the average purchase price for these 78 purchases, which purchase prices ranged from $14.57 to $15.00 per share.

5. Directly held by Valhi Holding Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationships among the persons joining in this filing.

Remarks:

Exhibit Index Exhibit 99 - Additional Information Harold C. Simmons and Annette C. Simmons directly own 3,383 and 43,400 shares, respectively, of the common stock of the issuer. Mr. Simmons disclaims beneficial ownership of the shares of the issuer's common stock that his spouse owns. See the Additonal Information filed as Exhibit 99 fo this statement for a description of the relationships among the person joining in this filing.

	A. Andrew R. Louis, Secretary, for Contran Corporation	01/05/2008
	A. Andrew R. Louis, Secretary, for Valhi Holding, Co.	01/05/2008
	A. Andrew R. Louis, Secretary, for TIMET Finance Management Company	01/05/2008
	A. Andrew R. Louis, Secretary, for Titanium Metals Corporation	01/05/2008
	A. Andrew R. Louis, Secretary, for Dixie Rice Agriculture Corporation, Inc.	01/05/2008
	A. Andrew R. Louis, Attorney-in-fact, for Harold C. Simmons	01/05/2008
	** Signature of Reporting Person	Date
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