FSI Announces Food Grade Compliance at the NanoChem Factory in Peru, Illinois

Rhea-AI Summary

Flexible Solutions International (NYSE-American: FSI) has achieved food grade compliance at its NanoChem facility in Peru, Illinois, after significant effort over the last 18 months. CEO Dan O'Brien emphasized the importance of this achievement for their expanding toll spray drying services. The company believes that this compliance opens up growth opportunities in a specialized industrial sector. Flexible Solutions specializes in biodegradable polymers and has a diverse range of products targeting environmental technology and crop enhancement.

Positive

• Achieved food grade compliance for the NanoChem facility, enhancing market competitiveness.
• Potential for significant growth in toll spray drying services due to new food grade status.

Negative

• None.

VICTORIA, BRITISH COLUMBIA, June 15, 2022 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: FSI, FRANKFURT: FXT), 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. Today the Company is very pleased to announce food grade compliance at NanoChem’s Peru, Illinois factory.

Dan O'Brien, CEO comments, "The NanoChem division in IL has spent substantial effort over the last 18 months and is pleased to have achieved food grade compliance for the entire Peru plant." CEO O'Brien continues, "This is especially important for our expanding toll spray drying business where we have spare capacity. We encourage contact from companies who need food grade spray drying services in the mid-west.”

Achieving food grade compliance is time consuming and costly. However, it distinguishes our services in an industrial specialty that the Company believes could lead to significant growth opportunities.

About Flexible Solutions International
Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Victoria, British Columbia, 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. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world. FSI is the developer and manufacturer of WaterSavr^TM, the world’s first commercially viable water evaporation retardant. WaterSavr^TM reduces evaporation by up to 30% on reservoirs, lakes, aqueducts, irrigation canals, ponds and slow moving rivers. Heatsavr^TM, a “liquid blanket” evaporation retardant for the commercial swimming pool and spa markets, reduces energy costs by 15% to 40% and can result in reduced indoor pool humidity.

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 54^th Ave, Taber, Alberta, CANADA T1G 1X4

Company Contacts

Jason Bloom
Toll Free: 800.661.3560
Fax: 250.477.9912
Email: info@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

To find out more information about Flexible Solutions and our products please visit www.flexiblesolutions.com

FAQ

What is the significance of food grade compliance for FSI?

Food grade compliance enhances FSI's competitiveness and opens growth opportunities in the toll spray drying market.

When did FSI achieve food grade compliance?

FSI achieved food grade compliance at its NanoChem facility in Peru, Illinois, after 18 months of effort.

How does food grade compliance affect FSI's business?

It allows FSI to engage more fully in the food grade spray drying market, potentially increasing revenues and business growth.

What products does Flexible Solutions International specialize in?

FSI specializes in biodegradable polymers, water treatment solutions, and crop nutrient enhancement products.

Is FSI planning to expand its services after achieving compliance?

Yes, FSI is encouraging inquiries from companies needing food grade spray drying services.