Flexible Solutions International FSI

Flexible Solutions International Inc develops and manufactures specialty chemical products for diverse industrial and consumer applications. The company focuses on water-soluble chemicals known as thermal polyaspartates (TPAs) used to prevent corrosion and scaling in water pipes across petroleum, chemical, utility and mining sectors. Additionally, it produces TPAs for agricultural enhancement, irrigation systems, cleaning products, and nitrogen conservation, alongside HEATSAVR® and WATERSAVR® for water and energy conservation in pools, spas, reservoirs and irrigation systems.

Flexible Solutions International Inc generates revenue primarily through the sale of its specialty chemical products including TPAs for oilfields, agriculture, irrigation and cleaning, nitrogen conservation products SUN 27TM and N Savr 30TM, HEATSAVR® for swimming pools and spas, and WATERSAVR® for water evaporation control in reservoirs and irrigation systems. The company sells these products directly to end-users and through distribution networks across North and South America, with manufacturing centered in its Peru, Illinois facility and expanded through subsidiaries in Panama and Illinois. Revenue is driven by product performance in reducing scale, conserving water and energy, and improving crop yields under specific environmental and operational conditions.

The company operates through the following segments: NanoChem Solutions Inc and ENP Investments LLC.

• NanoChem Solutions Inc: This segment is the company's largest revenue generator and focuses on the production and sale of thermal polyaspartates (TPAs) for oilfield, agricultural, irrigation and cleaning applications, as well as nitrogen conservation products SUN 27TM and N Savr 30TM. NanoChem manufactures TPAs using a thermal polymerizing process at its Peru, Illinois facility and markets TPA products under brands including EX-10TM, AmisorbTM, LYNXTM, MAGNETTM, AmGroTM and VOLTTM for agricultural use. The segment also produces and sells HEATSAVR® and WATERSAVR® products, with HEATSAVR® forming a transparent layer on pool water to reduce evaporation and WATERSAVR® applied to reservoirs and irrigation ditches to conserve water through biodegradable, odorless formulations.
• ENP Investments LLC: This segment is engaged in the manufacturing and distribution of golf, turf and ornamental agriculture products, having acquired 65% ownership in October 2018 and later achieving full control through subsequent transactions. ENP Investments LLC also participates in international sales of fertilizer additives through a 50% ownership in a Florida-based limited liability company accounted for as an equity investment. The segment expanded its real estate holdings with ENP Mendota LLC owning a building in Mendota, Illinois and later through 317 Mendota LLC, in which the company holds 80% ownership, to occupy and lease portions of industrial facilities supporting its operations.

Flexible Solutions International Inc competes in the specialty chemicals industry with Lanxess AG as a direct competitor in TPAs, using a different patented process but maintaining cross-licensing agreements that allow either company to use the other's technology. The company believes it competes effectively through superior customer service in oilfields, stronger distributor support in agriculture, and operational flexibility due to its size, targeting market niches not prioritized by larger competitors. In the HEATSAVR® market, it faces two competitors but maintains pricing parity or advantage while emphasizing product effectiveness and safety, and for WATERSAVR®, it competes with solid and floating covers but argues its solution is less costly, easier to deploy and scalable with changing water conservation needs.

Flexible Solutions International Inc serves a diverse customer base including major clients identified as Company A, Company B and Company C, which accounted for significant revenue in 2024 and 2025, with Company A and Company B also appearing as major receivables holders. The company's customers span oilfield operators, agricultural producers and distributors, irrigation system users, commercial pool and spa operators, municipal water management entities and manufacturers of cleaning and consumer care products, with specific products sold under private labels and trade names through regional distributors in North and South America.