STEEL DRUMS AND BARRELS MANUFACTURING (Cap: 6000 Numbers per day)

STEEL DRUMS AND BARRELS MANUFACTURING (Cap: 6000 Numbers per day)

STEEL DRUMS AND BARRELS MANUFACTURING 

EIRI/EDPR/4792 J.C.: 30121XL US$

Steel drums are some of the most versatile and robust containers in popular usage throughout many industrial and commercial sectors. They can be found in warehouses and transport depots across the world, stocking all manner of industrial goods from foodstuffs to hazardous chemicals.

Steel drums are hard wearing, cost effective, reusable, and long lasting. They are perfectly suited to fulfil a wide range of industrial storage and transportation needs. However, there are several varieties of steel drums on the market, so in this article our experts at ITP Packaging provide a detailed breakdown and guide to steel drums.

Steel drums are cylindrical barrels designed to hold large quantities of industrial liquids or semi-liquids, such as oils, chemicals, or foodstuffs. The traditional steel drum is constructed from either carbon steel or stainless steel and is generally produced with a storage capacity of 210 litres.

The drums (also called barrels in common usage) are steel cylindrical containers for storing and shipping bulk cargo. The Grade B drums are made from cold rolled sheets of mild steel. The Grade B drums are commonly used for storage and transportation of lubricating oils and other non- hazardous chemicals. Type 1 drums are double seamed and have 1.25 mm sheet thickness. 

With the development of spiral seam construction which provides stronger seam joint so as to withstand any drop caused during transportation and handling it has been possible to reduce the thickness of the drums to 1.00 mm from 1.25 mm. These drums have been introduced as alternative to the conventional double seam drums and have been included under the same Grade B as Type 2. Both Type 1 & 2 drums have two rolling beads and hoops to facilitate easy rolling and also provide rigidity. Type 2 drums also have 2 sets of corrugations located symmetrically on either side of the rolling hoops to provide additional strength. These steel drums used for shipment of chemicals and petroleum products have a standardized bunghole arrangement, with one 50 mm and or one 50mm and one 20 mm threaded bunghole on opposite sides of the top. Screwed closures as per IS 1784 are fitted over them. Pumps to facilitate entry or exit of materials can be mounted on them.

COST ESTIMATION

Plant Capacity                                    6000Nos/Day 

Land & Building (16000 sq.mt.)  US$. 8.23 Lac    

Plant & Machinery                         US$. 14.15 Lac 

Working Capital for 2 Month        US$. 58.76 Lac 

Total Capital Investment                  US$. 82.30 Lac 

Rate of Return                                  15%

Break Even Point                              62%

CONTENTS

  • INTRODUCTION
  • USES AND APPLICATION
  • BENEFITS OF STEEL DRUMS
  • TYPE, SIZES AND ACCESSORIES OF STEEL DRUMS
  • B.I.S. SPECIFICATION
  • FACTORS OF PRICE FLUCTUATIONS OF THE DRUMS
  • GLOBAL MARKET OF STEEL DRUMS
  • GLOBAL PLAYERS OF STEEL DRUM /BARREL MANUFACTURERS
  • MANUFACTURERS/SUPPLIERS OF M.S. DRUMS AND BARRELS
  • MANUFACTURING OF STEEL DRUMS
  • PROCESS FLOW SHEET FOR BODY PRODUCTION
  • QUALITY CONTROL SYSTEM
  • DESCRIPTION OF PLANT AND MACHINERY
  • PRINCIPLES OF PLANT LAYOUT
  • PLANT LOCATION FACTORS
  • EXPLANATION OF TERMS USED IN THE PROJECT REPORT
  • PROJECT IMPLEMENTATION SCHEDULES
  • COMPLETE PLANT AND MACHINERY SUPPLIERS
  • STATUTORY APPROVALS FROM GOVERNMENT
  • PLANT LATOUT
  • IMPLEMENTATION SCHEDULE
  • ORGANIZATION CHART
  • SWOT ANALYSIS
  • STEEL PRODUCTS MANUFACTURING CONSULTANT

APPENDIX – A:

  • 01. PLANT ECONOMICS
  • 02. LAND & BUILDING
  • 03. PLANT AND MACHINERY
  • 04. OTHER FIXED ASSETS
  • 05. FIXED CAPITAL
  • 06. RAW MATERIAL
  • 07. SALARY AND WAGES
  • 08. UTILITIES AND OVERHEADS
  • 09. TOTAL WORKING CAPITAL
  • 10. TOTAL CAPITAL INVESTMENT
  • 11. COST OF PRODUCTION
  • 12. TURN OVER/ANNUM
  • 13. BREAK EVEN POINT
  • 14. RESOURCES FOR FINANCE
  • 15. INSTALMENT PAYABLE IN 5 YEARS
  • 16. DEPRECIATION CHART FOR 5 YEARS
  • 17. PROFIT ANALYSIS FOR 5 YEARS
  • 18. PROJECTED BALANCE SHEET FOR (5-10 YEARS)

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