FSI Secures $2.5 Million for New Food-Grade Product Development

Core Insights - Flexible Solutions International Inc. (FSI) specializes in biodegradable polymers for various applications including oil extraction, detergents, water treatment, and agriculture, and is expanding into food and nutritional supplement manufacturing [1] - FSI received a payment of $2.5 million on July 1, 2025, to support the development of a new food-grade product, with potential for additional payments in the coming quarters [2][8] - The company is optimistic about securing long-term production partnerships for its completed food-grade product [3] Financial Performance - FSI's shares have increased by 165.4% over the past year, significantly outperforming its industry, which saw a rise of only 4.2% [5] Market Position - FSI currently holds a Zacks Rank of 5 (Strong Sell), indicating a less favorable market position compared to better-ranked stocks in the basic materials sector [6] - Competitors such as Carpenter Technology Corporation, Centrus Energy Corp., and Avino Silver & Gold Mines Ltd. have higher Zacks Ranks, with notable share price increases over the past year [7][9]