Flexible Solutions International Inc. Provides Consolidated Revenue Guidance for the Fourth Quarter and Full Year 2019
August 15, 2019 at 01:55 pm EDT
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Flexible Solutions International Inc. provides consolidated revenue guidance for the fourth quarter and full year 2019. The effect of international sales is expected to be felt in fourth quarter as well. This, along with fourth quarter sales for US early buy and winter crop programs is expected move fourth quarter revenue upward toward the same level the company reported for first quarter of 2019.
The company expected to generate consolidated revenue of greater than $8 million in full year 2019.
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. 
