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Ms Barrels (metal Barrels Used In Oil Packaging) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

A drum is a cylindrical container used for shipping bulk cargo. Drums can be made of steel, and are generally used for the transportation and storage of liquids. Drums are often certified for shipment of dangerous goods. The construction of drum needs to meet applicable regulations and is usually matched for compatibility with the specific product shipped. Drums are also called barrels in common usage. The drums are typically made of steel with a ribbed outer wall to improve rigidity and for rolling. The lids can be welded or secured with a head gasket and bolt ring. Drums can also be made of durable plastic or paperboard. They are commonly used for transporting oils, fuels, chemicals, and dry goods. The construction and performance of drums used for shipment of dangerous goods or hazardous materials are governed by UN, country, and carrier regulations. The industry manufactures and supplies around 50 lakh 200/210 litre capacity barrels, made of 1mm and 1.25mm thickness CRCA sheet. Availability of steel locally and opening up of the Indian economy resulted in a spurt in demand and consequently, the growth of barrel and drum plants across India accelerated. The largest player in this market, which is made up of about 30 manufacturers, is BalmerLawrie who has a market share of about 45 percent. In addition to high-end barrels, there is a requirement of about 10 million plain uncoated steel drums that are mostly used for packing bitumen and other less sensitive products. There are about 180-200 manufacturers of these low-end metal drums. New entrepreneurs can well venture in this sector. Few Indian Major Players are as under:- Balmer Lawrie & Co. Ltd. Bombay Chemicals Pvt. Ltd. Gujarat Containers Ltd. Javs Engineering (India) Ltd. Mac Industrial Products Ltd. Saifee Bucket Factory Pvt. Ltd. Sicagen India Ltd. Tech Steel Products Ltd. Yashraj Containeurs Ltd.
Plant capacity: 360000 Nos. / AnnumPlant & machinery: Rs. 173 Lakhs
Working capital: -T.C.I: Cost of Project : Rs. 687 Lakhs
Return: 27.00%Break even: 59.00%
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