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Production of Aluminium Food Containers

Capacity 0 Plant and Machinery cost 0.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 0.00 %
Break Even Point (BEP) 0.00 % TCI 0.00 Lakhs
Cost of Project 0.00Lakhs

Description:

Production of Aluminium Food Containers. Manufacturing of Aluminum Foil Containers. Project opportunities in Food Packaging Industry.

 

Aluminum is the most widely used non-ferrous metal and is extensively used in packaging materials. It is an excellent material for creating all types of containers. However, despite the fact that about seven billion aluminum foil containers are produced annually, most packaging engineers and packaging users know very little about the advantages that these containers bring to the packaging and food service industries.

Specifically, aluminum provides an absolute barrier to protect foods, whether on the shelf, in the cooler or in the freezer. It can go from freezer to oven to broiler to microwave oven and result in quality food products whether at home or in central food processing operations. It is lightweight, so that it is easy and economical to transport. It is formable so that it is available in a wide variety of shapes and sizes. It can be printed, coated or embossed. And, it is recyclable which results in a 95% energy savings over that required to produce primary metal.

Aluminum foil containers are formed by combining mechanical and air pressure to force light gauge aluminum foil into a shaped die cavity. Esthetically appealing aluminum foil containers are ideal for table-ready service after the container has functioned first as a package and a heating utensil. Foil containers also come in a variety of colors and special purpose coatings.

In restaurants around the world aluminum containers are used very frequently. Restaurants use these containers to package up customers take -out orders and to store leftover food from that day. Not only does the aluminum foil containers keep the food nice and hot for customers, but it also helps protect their meals from any bacterias and excess moisture that may be lingering around.

Uses:

o   Aluminium Foil Containers greatly used in daily life, it’s ideal for baking, grill, steaming, etc.:

o   Aluminum foil containers are used to prepare, freeze, store, transport, cook and serve a variety of foods. Containers made from aluminum foil are the only containers that can be used in all types of ovens: microwave, conventional, convection and broiler. Moreover, its recyclability makes aluminum one of the most environment friendly materials on earth, a key advantage for planet conscious consumers and local governments. Additionally, recycled aluminum saves more than 95% of the energy necessary to produce new primary aluminum. The use of aluminium containers in microwave ovens is perfectly viable.

o   Commonly used in the kitchen, principally for the commercial preparation, packing and conveyance of foods.

o   Often used in baking industry to contain food during the production and cooking phase.

o   The food is subsequently conveyed and sold in the foil container.

o   Aluminium foil container is more widely used tableware, is widely used airline food, home cooking and a large bakery chain. Main purposes: food cooking, baking, freezing, preservation and so on.

 

Advantages:

Aluminum foil container is an important part of the packaging industry. Aluminum is the most widely used non-ferrous metal, widely used in the packaging industry. Aluminum foil containers bring many advantages to the food packaging market. In combination, these advantages position aluminum foil containers uniquely among material choices for the food processing industry, the food service industry and consumer alike. Because of their unique combination of advantages, the aluminum foil container qualifies as the “perfect package” for numerous food packaging applications. Among these advantages are:

The product is light weight, the products meet the national food hygiene standards. And recycling in the process' harmful substances, and does not pollute the renewable resource. Aluminum lunch box product line is mostly used for air food and cake food retail, update speed consume larger quantities. Suitable for a bulk sale. Cake cooking food stores as well as finished food packaging multiple use aluminum foil container. A wider product market, the popularity of a wider surface.

Ø  Comprehensive Range of Applications – Aluminium foil containers offer some of the most versatile packaging solutions available today. They combine the features needed to process, conserve and deliver to the consumer perfectly preserved and quickly accessed food products. They exist in a wide variety of shapes, sizes and have applications in many sectors:

·         Preserved pet food

·         Preserved human food

·         Chilled food

·         Frozen food

·         Bakery

·         Catering

·         Take-away

Unique & Versatile Properties – The aluminium container owes a large part of its acknowledged advantages to the attributes of the aluminium material itself:

§  Aluminium provides a total barrier and protects sensitive and valuable food from deterioration;

§  It has unique mechanical properties as it is highly formable and can also be ‘dead folded’, which is beneficial when deep drawing and shaping containers;

§  Aluminium is an excellent conductor of heat and at the same time is heat-resistant, allowing quick and controlled heating of the container’s food content;

§  The decorative potential of aluminium foil lends itself to strong shelf-appeal and striking pack design: the material is both bright and reflective and can be colour-lacquered or printed;

§  Aluminium foil helps meet source reduction and sustainability goals through the development of lightweight and down-gauged packaging. Aluminium containers can be recycled time and again without any loss of quality.

Packaging in today’s world has emerged as an integral part of the brand promotion. Owing to modern-day lifestyle coupled with today’s fast-paced life, customers’ inclination towards convenience packaging has increased.  Aluminum is a kind of metallic element available in abundance across the globe and is preferably used a barrier resistant material for packaging to safeguard food & beverages, pharmaceutical, cosmetics, etc. Aluminum foil sheets are readily used in the manufacturing of various kinds of containers as per packaging requirements. Aluminum foil containers are exceptionally corrosion-resistant and are also chemically neutral. Moreover, the aluminum material is non-toxic in nature. Aluminum foil containers in terms of food packaging industry have many advantages as aluminum foil can withstand temperature changes compared to the packaging material. For instance, aluminum foil containers can go from deep freezers to microwave/oven to the dinner table irrespective of any change in the container.

The aluminium foil is used for packaging of many products. Some of which are pharmaceutical tablets, bulk & unitized packing of tea and coffee, prepared meals, bakery products, frozen meat, fish, milk bottle caps, wine, lube oil, greases, powdered milk, confectionery, biscuits, photographic film, gift wraps, household wraps, butter, margarine, cigarettes. India is one of the key producers of aluminium foil in the region. Pharmaceutical packaging is one of the major consumers of this product.

Aluminum foil containers are in high demand for the food packaging industry. Based on the products type, Aluminum foil containers are classified in flexible as well as rigid containers wherein the rigid containers such as trays, boxes, bowls, and etc. account for the largest market share in the global aluminum foil containers market. In terms of applications, Aluminum foil containers are also in demand from the pharmaceutical industry as aluminum foil act as the most preferred barrier resistant material.

Aluminium foil packages are being used in frozen food packaging, pharmaceutical packaging, bakery product packaging, household product packaging, etc. However, these containers are being used on a large scale in food service packaging. Offering unique packaging style and a wide variety of sizes, aluminium foil containers are able to hold any type of food.

Aluminium foil containers serve a number of markets. A wide range of container designs are available in the retail market. Baking pans, roasting pans, muffin pans, pizza pans, cookie sheets, carryout containers, etc., are widely available to the Indian consumer. Generally, these containers also come in a variety of sizes, depending on the specific consumer needs. 

Aluminium foil container growth has been over 40% in the past ten years. This rapid growth can be attributed, at least in part, to the U.S. consumer’s preference for easy-to-prepare foods, whether in the supermarket freezer or purchasing take home entrees or complete meals from restaurants and other retail outlets. Many mid-line restaurants are beginning to rely on centrally prepared meals and entrees that can be subjected to rigorous quality control and reheated and served at retail outlets. These trends can be expected to continue as the Indian consumer continues to demand quality food, quickly available, at reasonable prices. So, at a minimum, the current growth rates of aluminium foil containers can be expected to continue.

Increasing preference for ready-to-eat food, changing lifestyles, busy work schedule of individuals are key factors expected to drive growth of the target market over the forecast period. In addition, changing consumer's consumption pattern and westernization of products are other factor expected to support growth of this market in the near future. Increasing preference for flexible packaging material in the nutrition industry, due to its properties such as good heat insulation, aroma retention, and moisture barrier resistance is expected to fuel growth of the target market over the forecast period.

 

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Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

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·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications

 

Ø  Market Study and Assessment

·         Current Indian Market Scenario

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Project at a Glance

Along with financial details as under:

 

  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital

 

  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals

                Revenue/Income/Realisation

                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios

                D.S.C.R

                Earnings Per Share (EPS)

               

             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 

                B.E.P

  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR