The latest report titled “Tin Can Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Tin Can.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Tin Can production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Tin Can Production Process:
1. Tin Can Production Cost From two-piece or three-piece drawing: This report presents the detailed production methodology and cost analysis of Tin Can industrial production across Tin Can manufacturing plants. This method employs the use of tinplate or tin-free steel to produce a cup shape via slug extrusion or welding. The bottom part is welded separately using a three-piece drawing methodology. After this, the can is cleaned, trimmed, and labels are applied. The next step is necking/flanging, which involves squeezing the can’s top to create an outward flange. The flange is folded over after the lid has been added.
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Product Definition:
Tin-coated steel is often used to make tin cans, giving it strength and security. Tin coating on the steel shields the food from contact with the metal and stops corrosion, preserving the integrity of the container. Tin cans are manageable and simple to transport because of their moderate to low weight. They are strong enough to endure typical handling and shipping despite their small weight. They are made with airtight seals that are strong enough to keep out pollutants, moisture, and air, preserving the food’s quality and freshness. These cans have a steel base, which makes them very recyclable. The recyclability of these cans reduces waste and preserves resources. They can also endure high temperatures because of their great heat resistance.
Market Drivers:
Tin cans are widely used in the packaging of a variety of foods, including canned meats, fruits, vegetables, soups, and sauces because they have a long shelf life and prevent contamination. Beverages including beer, carbonated drinks, and canned juices are packaged in these cans to maintain product freshness and guard against deterioration. Due to its corrosion resistance and sealing properties, they are used for storing and transporting chemicals, solvents, adhesives, and paints. Tin cans are used as storage and delivery containers for industrial lubricants, including oils and greases, protecting them against deterioration and contamination. They are also used to store and distribute automotive fluids including engine oil, brake fluid, and coolant, preserving the quality of the final product.
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