Latest news with #biodegradablepolymers
Yahoo
5 days ago
- Business
- Yahoo
FSI ANNOUNCES A SECOND SIGNIFICANT FOOD GRADE CONTRACT
TABER, ALBERTA, Aug. 11, 2025 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. FSI is also increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces it has signed a second significant food grade contract. Today the Company announces a new food grade contract for the Illinois plant with estimated revenue between $6.5 million and $13 million per year. Limited production will begin immediately and scale up to the revenue estimates as quickly as possible. No additional equipment or capital improvements are needed to begin, or to reach full, production. Additional items in the contract include a five-year term, provision for optional expansion to greater than $25 million in annual revenue and provisions for tariff and inflation protection. The specific products, customer and volumes will not be disclosed but, a redacted version of the contract will be filed with the SEC as soon as both parties approve it. Dan O'Brien, CEO, states, "This contract, combined with the one announced in January, have the potential to bring our new food grade production to more than $50 million per year by the 2027 year." Mr. O'Brien continues, "Added to our legacy business, which is moving to Panama and our ENP business in IL, we believe it is possible to double our revenue in the next 18 months. I know every person in the FSI group is excited to try and achieve this.". About Flexible Solutions International Flexible Solutions International, Inc. ( based in Taber, Alberta, is an environmental technology company. The Company's NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. Along with TPA, this division started producing other crop enhancement products as well. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world Safe Harbor Provision The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission. Flexible Solutions International6001 54th Ave, Taber, Alberta, CANADA T1G 1X4Company Contacts Jason BloomToll Free: 800.661.3560Fax: 403.223.2905Email: info@ To find out more information about Flexible Solutions and our products please visit If you have received this news release by mistake or if you would like to be removed from our update list please reply to: info@
Yahoo
16-07-2025
- Business
- Yahoo
FSI ANNOUNCES SECOND QUARTER, 2025 REVENUE
TABER, ALBERTA, July 16, 2025 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. In addition, FSI is increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces second quarter (Q2), 2025 revenue. Sales were up in Q2, 2025 compared to Q2, 2024. Flexible Solutions' top line revenue increased to $11.212 million (Q2, 2025) from $10.529 million (Q2, 2024) to), up approximately 6.5% year over year. Mr. Dan O'Brien, CEO, comments, 'The $2.5 million payment for food grade product development moved our Q2 revenue from poor to good. We saw weakness from several historic customers in the quarter most likely related to general business conditions, tariff uncertainty and inventory reduction.' Mr. O'Brien continues, 'Volatility in our base business reinforces our decision to emphasize food grade operations but, it does not change our opinion that the second half of 2025 will see growth unless economic conditions decay further.' Complete financial results will be available after market close on Thursday, August 14, 2025, concurrent with the Company's SEC second quarter filings. A conference call will be scheduled for 8:00 am Pacific Time, 11:00 am Eastern Time, the following business day, Friday, August 15, 2025. See the FSI August 14, 2025 financials news release for the dial in numbers. About Flexible Solutions International Flexible Solutions International, Inc. ( based in Taber, Alberta, is an environmental technology company. The Company's NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. Along with TPA, this division started producing other crop enhancement products as well. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world. Safe Harbor Provision The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission. Flexible Solutions International6001 54th Ave, Taber, Alberta, CANADA T1G 1X4Company Contacts Jason BloomToll Free: 800.661.3560Fax: 403.223.2905Email: info@ To find out more information about Flexible Solutions and our products please visit If you have received this news release by mistake or if you would like to be removed from our update list please reply to: info@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
