Flexible Solutions International Inc. Reports Sales Results for the Fourth Quarter of 2021
January 13, 2022 at 09:30 pm
Share
Flexible Solutions International Inc. reported sales results for the fourth quarter of 2021. Sales were higher in fourth quarter 2021 than in fourth quarter 2020. Flexible Solutions' top line revenue increased from $7.16 million (fourth quarter, 2020) to $8.82 million (fourth quarter, 2021), up approximately 23% year over year.
Flexible Solutions International, Inc. is engaged in manufacturing and marketing biodegradable polymers which are used in the oil, gas and agricultural industries. The Company also develops, manufactures and markets specialty chemicals that slow the evaporation of water. Its products include HEATSAVR and WATERSAVR. Its segments include Energy and water conservation products (EWCP), and Biodegradable polymers (TPAs). Its EWCP segment consists of liquid swimming pool blankets which save energy and water by inhibiting evaporation from the pool surface, and a food-safe powdered form of the active ingredient within the liquid blankets and which are designed to be used in still or slow-moving drinking water sources. Its TPA segment is used by the petroleum, chemical, utility and mining industries to prevent corrosion and scaling in water piping. This product can also be used in detergents to increase biodegradability and in agriculture to increase crop yields by enhancing fertilizer uptake.
FLEXIBLE SOLUTIONS INTERNATIONAL, INC. 
