FSI ANNOUNCES A SECOND SIGNIFICANT FOOD GRADE CONTRACT
Flexible Solutions International (NYSE Amex: FSI) has secured a second significant food grade contract for its Illinois plant, with projected annual revenue between $6.5 million and $13 million.
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Rhea-AI Summary
Flexible Solutions International (NYSE Amex: FSI) has secured a second significant food grade contract for its Illinois plant, with projected annual revenue between $6.5 million and $13 million. The five-year contract includes provisions for expansion to over $25 million in annual revenue, along with tariff and inflation protection.
Production will commence immediately without requiring additional equipment or capital improvements. Combined with the January contract, FSI's food grade production could exceed $50 million annually by 2027. The company aims to potentially double its revenue in the next 18 months through this expansion, alongside its legacy business moving to Panama and ENP operations in Illinois.
Positive
- New food grade contract worth $6.5-13 million annually with potential expansion to $25+ million
- No additional equipment or capital investment required for production
- Five-year contract term with tariff and inflation protection provisions
- Combined food grade contracts could reach $50 million annual revenue by 2027
- Potential to double total company revenue in next 18 months
Negative
- Specific products, customer details, and volumes remain undisclosed
Details
News Market Reaction – FSI
On Aug 12, the first trading day after this news, FSI closed 26.13% above the previous close.
Data tracked by StockTitan Argus for the Aug 12 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
Additional items in the contract include a five-year term, provision for optional expansion to greater than
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
About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), 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 International
6001 54th Ave, Taber, Alberta, CANADA T1G 1X4
Company Contacts
Jason Bloom
Toll Free: 800.661.3560
Fax: 403.223.2905
Email: info@flexiblesolutions.com
To find out more information about Flexible Solutions and our products please visit www.flexiblesolutions.com
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@flexiblesolutions.com
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