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FSI ANNOUNCES THE COMPANY HAS TRADED EQUITY IN THE FLORIDA LLC FOR EXCLUSIVE PRODUCT RIGHTS
TABER, ALBERTA, July 03, 2026 (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 mar
About this update from Flexible Solutions International Inc.
TABER, ALBERTA, July 03, 2026 (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 that it has traded the remaining 19.9% of the FL LLC for exclusive rights to make and sell certain agricultural products in certain markets. On August 12th, 2024 the Company sold 30.1% of the equity in the FL LLC to an acquirer for $2 million and five annual payments of $800,000. The acquirer has been unable to fund the annual payments. As a result, the Company has been granted the perpetual, exclusive rights to 4 agricultural products and the IP of those products in the territory. The territory is defined as South of the Mexico/US border including all of Central America, South America and the Caribbean. Mr. Dan O'Brien, CEO, comments, "We have been making these products for these countries for a decade and believe that now that we have sales rights for them, lost sales can be recovered and the historic revenue we saw from the FL LLC investment can be realized again." Mr. O'Brien continues, "Full revenue recovery will not be immediate but we feel that significant progress will be made in the second half of 2026." 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, i...
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