A method for producing an improved fire retarding compound for use with cellulose insulation materials uses the same concept as boric acid and borax, but substitutes liquid borates rather than powdered borates. Such liquid borates enables the amount of chemical to be reduced by approximately fifty percent. This offsets the high cost of the use of borates. Additionally, the inexpensive borate, borax, is the only boron containing chemical used in the present invention method and it is converted to boric acid once impregnated inside the cellulose insulation material.