Abstract: A thermally insulated carrying container for an assembled plurality of beverage containers which is constructed entirely of a thin sheet plastic foam material. The carrying container is to include side flaps which are to be locatable in an open position to facilitate refrigeration and visibility of the beverage containers and also being movable to a lockable closed position so as to maintain the beverage condition cold for a substantial period of time. A handle means is provided to facilitate carrying of the container. A latching means is provided between the openable top of the carrying container and the bottom of the carrying container to maintain an enclosure of the carrying container when desired.