Project Profile - ALLUMINUM POWDER

Introduction

         Aluminum powder is fine granular powder made from Aluminum. In form of powders, Aluminum is used for several applications such as manufacture of slurry, explosive and detonators, hermit process used for manufacture of Ferro alloys and for specialized welding applications such as rails, pyrotechnic to manufacture crackers, sparkles and other pyrotechnic products. Manufacture of aluminum paste, paints and several powder components used in automobiles. The most important property of aluminum powder to undergo a vigorous exothermic reaction when it gets oxidized finds application in pyrotechnic process. In foundry, aluminum powder is used as a defoliant and exothermic tapping compound to increase the yield casting.

Market Potential

         The aluminum powder is a consumable product. Presently there are four major organized manufacturers of aluminum powder. They are metal powder company, Thirumangalam, INDAL, MUMBAI, Khoski Metal Powder company pure and ‘Arasan Aluminium Industries, Sivakasi. In addition, there are number of Small Scale industries located in Karnataka, M.P., Maharashtra, Gujarat and Delhi with an installed capacity of 1 tone per day. In recent year DGTD has estimated the growth of demand between 8 to 10 yr. per annum. So that it can be said that production of aluminum powders of various grades and products such as aluminum paste is well established in the country. The aluminum powder industry is of a remarkable size. There is a growing market for export of aluminium powder and paste. Good opportunities exist in the field of setting up new units in Small Scale Sectors with proven technology and appropriate quality orientation.

Basis and Presumptions

         1) The production target has been calculated on the basis of 300 working days in a year on two-shift basis. Since it is a continuous process and the raw material is indigenously available. The melting losses have been considered as 3.5%.

         2) The capacity utilization in the first year of manufacture would be around 60% and 70% and full capacity utilisation would be gradually in a phased manner.

         3) The wages are based on local market privilege

         4) The interest rate for total investment would be calculated ion the basis of 14% per annum

         5) The margin money requirements for obtaining financial assistance would be around 25% of the total investment

         6) Value of Machinery and Equipment estimated on the basis of prevailing market.

Implementation Schedule

         The project can be implemented in a period of 8-9 months by performing various activities in a systematic manner and simultaneous application of various common activities. Break-up of various activities with time period shown below:-

SI.No.
Name of activity
Time period in month
1.
Scheme preparation and approval
0 - 1
2.
SSI Provisional Registration
1 - 2
3.
Preparation of Detailed Project Report and approach for finance
2 - 5
4.
Placement of order for delivery of Machinery
4 - 5
5.
Installation of Machinery
6 - 7
6.
Power connection
6 - 7
7.
Trial run
7 - 8
8.
Commercial production
9th month onwards

TECHNICAL ASPECTS

         Production details and process of manufacture

         The aluminium Powder is manufactured in several forms such as flake like particles, granular powder (automised aluminium) etc. for the production of aluminium powder. There are several processes; one can use any of them.
         The metal is melted in furnaces and the temperature maintained is around 720º C to 760º C. Automised aluminium produced by blasting the stream of molten Aluminium into small particles by air jet. For this purpose, an atomizer is used which consists of a straight tube with lower and dipped in molten metal and upper end terminating as a small orifice. A jet of hot air under pressure is passed through armillary opening near the top, which impinges on a stream of molten aluminium drawn by suction through the orifice. This leads to the formation of Small particles of aluminium. These particles are drawn by suction through the nozzle and finally into cyclone collecting system. The particle size can be controlled to some extent by varying nozzle opening, air pressure etc. The different sizes of Aluminium Powders are segregated by sewing. Then packing is done as per market requirement for specific quality.

The Process Flow Chart Is As Under:

Quality Control and Standards

         The powder produced will meet standard specifications for air atomized powder and by using proper control equipment consistent quality of the product can be fully ensured with minimum losses. The quality standards as per IS-438-1972 are to be followed.

Production Capacity

         Quantity:          240 MT

         Value:          Rs.3.00 crore

Motive Power Requirement

         Total motive power requirement is 6 HP

Pollution Control

         The unit has to take into consideration the anti-pollution measure for dust pollution. The unit has to obtain no objection certificate or pollution clearance certificate. Necessary pollution control measures are to be incorporated in the control profile.

Energy Conservation:

         The requirement of energy is given under the head ‘utility’. As manufacture of this product requires furnace oil, the need for energy conservation is important. In furnace, for supply of furnace oil, efforts are to be made for maximum utilization of energy with respect to the maximum capacity of furnace and the burners are to be used standard quality.

FINANCIAL ASPECTS

A. FIXED CAPITAL

         (i) Land and Building Rs.

         Land – 5000 Sq. ft. @ Rs.20 per sq.ft. = 1,00,000

         Built up area - Office and factory shed – 4000 sq. ft. 8,00,000
         @ Rs.200/- Per sq. ft.

         Boundary Wall, Gate etc. = 1,00,000

         10,00,000

(ii) Machinery & Equipment

SI.No.
Description
Qty.
Rate (Rs.)
Value (Rs.)
1.
Oil fired furnace – 250 kg.
1
1,20,000
1,20,000
2.
Oil Tank (2,000 ltrs. Cap)
1
5,000
5,000
3.
Ball Mill Cap – 50 Hrs. driven by 1 HP motor
1
40,000
40,000
4.
Compressor
1
40,000
40,000
5.
Hot Air Chamber
1
50,000
50,000
6.
Powder collecting dust complete with suction arrangements etc.
1
40,000
40,000
7.
Water cooling tank with pumps
 
20,000
20,000
8.
Weighing platform 500 kg. capacity
 
15,000
15,000
9.
Testing Equipments
 
L.S.
40,000
10.
Office Furniture
 
L.S.
30,000
 
Total
 
 
4,00,000
 
Mechanical & Electrical Installation @ 10%
 
 
40,000
 
Grand Total
 
 
4,40,000


(iii) Preliminary and preoperative expenses = Rs. 60,000/-

         Total Fixed Capital (i + ii + iii) Rs.15,00,000/-

B. WORKING CAPITAL PER MONTH

         Personnel (per month)

SI.No.
Personnel
Salary (Rs.)
Nos.
Amount (Rs.)
1.
Manager
10,000
1
10,000
2.
Supervisor
6,000
1
6,000
3.
Skilled Workers
4,000
3
12,000
4.
Semi-skilled workers
3,000
4
12,000
5.
Helpers
2,500
4
10,000
6.
Typist / Clerck
3,000
2
6,000
7.
Peon
2,000
1
2,000
8.
Watchman
2,000
1
2,000
 
Total
 
 
60,000
 
Additional perquisites @ 15%
 
 
9,000
 
Grand Total
 
 
69,000

(ii) Raw Material (per month) Amount (Rs.)

         Aluminum Ingots 21 MT @ Rs.1, 02, 000/- MT 21,42,000

(iii) Utilities (per month)

         Power – 1000 units @ Rs.3.50/unit 3,500
         Water 500
         Furnace Oil 8,000

         Total 12,000

(iv) Other Contingent Expenses (per month)

         1) Publicity                            1,000
         2) Postage and Stationery         500
         3) Telephone                         1,500
         4) Traveling and Conveyance 2,000
         5) Consumables like flux etc.  3,000
         6) Packing Bags etc.              3,000
         7) Repair and Renewals         2,000
         8) Insurance                          1,000

         Total                                  14,000

( v) Total Recurring Expenditure (per month) Rs.

        i) Personnel                                 69,000
        ii) Raw material                      21,42,000
        iii) Utilities                                   12,000
        iv) Other Contingent Expenses    14,000

        Total                                    22,37,000

(vi) Total Working Capital for 3 months

        22.37.000 x 3 67,11,000

C. Total Capital Investment

        Total Fixed Capital                  15,00,000
        Working Capital for 3 months- 67,11,000

        Total                                         82,11,000

FINANCIAL ANALYSIS

        1) Cost of Production (per year)

        i) Total Recurring Cost                                                 2,68,44,000
        ii) Depreciation on Building @ 5%                                        45,000
        iii) Depreciation on Machinery and Equipment @ 10% -       29,000
        iv) Depreciation on furnace @ 20%                                      24,000
        v) Depreciation on Office furniture @ 20%                              6,000
        vi) Interest on total Investment @ 14%                             11,49,540

        Total -                                                                          2,80,97,540

2) Turnover (per year)

        By selling 240 MT of different grades of Aluminium
        Powder @ Rs.1,25,000/MT -          Rs. 3,00,00,000

3) Net Profit (per year)

        = Total Sale (per annum) – Cost of Production

        = Rs.3,00,00,0000 – Rs.2,80,97,540

        = Rs.19,02,460

4) Net Profit Ratio

        = Net Profit per annum x 100 / Turnover per annum

        = 19,02,460 x 100 / 3,00,00,000

        = 6.34%

5) Rate of Return

         = Net Profit per annum x 100 / Total Investment

        = 19,02,460 x 100 / 82,11,000

        = 23.17%

BREAK EVEN POINT

        Fixed Cost per annum Rs.

        1) Total Depreciation                                         1,04,000
        2) Interest on total Investment                          11,49,540
        3) Insurance                                                         12,000
        4) 40% Salaries and Wages                               3,31,200
        5) 40% other contingent expenses excluding
        Insurance                                                              62,400

        Total                                                               16,59,140

B.E.P = . Fixed Cost x 100 / Fixed Cost + Profit

          = 16,59,140 x 100 / 16,59,140 + 19,02,460

          = 16,59,140 x 100 / 35,61,600

          = 46.58%

Addresses of Machinery and Equipment Suppliers

        1)         M/s. Indian Furnace Co. Ltd.
                    NSE Estate, Goregaon (East)
                    Mumbai

        2)          M/s. Annie Engg. Co. Ltd.
                     B.T. Road, Kolkatta

        3)         M/s. G.R. Engg. Works (P) Ltd.
                    Poonam Chambers, Dr. Annie Besant Road
                    Worli, Mumbai.

Addresses of Raw Material Suppliers

         1)         M/s. Hindustan Aluminium Co. Ltd.
                     Renukoot, Mirzapur (U.P.)

         2)         M/s. Machar Aluminium Co. Ltd.
                     Mattur, Danau – 636 402

        3)         M/s. Indian Aluminium Co. Ltd.
                    Mirakud, Sambalapur, Orissa

        4)         M/s.Bharat Aluminium Co. Ltd.
                    Korba, Chhattisgarh

        5)         M/s. National Aluminium Co. Ltd.
                    Angul, Orissa.