Insulated carrying container for beverage containers

A thermally insulated carrying container for an assembled plurality of beverage containers, said carrying container being constructed substantially entirely of a thin plastic foam sheet material, said carrying container comprising:

• a bottom and a top, said bottom forming an encasing section adapted to receive a number of beverage containers, said top being movable in respect to said bottom between an open position providing access into said encasing section and a closed position covering said encasing section, said top having a front and a back edge interconnected by side edges, said back edge being attached to said bottom;
• and
• a separate side flap attached to each said side edge, each said flap being movable in respect to said top back and forth between a first position and a second position, said first position connecting each said flap with said bottom thereby forming a totally enclosed container when said top is in said closed position thereby not exposing said enclosed section to the ambient, said second position forming enlarged openings into said encasing section exposing said encasing section to the ambient, whereby with said flaps in said second position said carrying container is to be located in a refrigerated environment thereby cooling said beverage container, upon removal of said carrying container from the refrigerated environment the said flaps are moved to said first position to maintain the refrigerated environment in said totally enclosed container.