ArcelorMittal Waste Stream Reduction Project Rucha Bhide, Stephen - PowerPoint PPT Presentation

ArcelorMittal Waste Stream Reduction Project Rucha Bhide, Stephen Barnett, Hassani Jack, David Kauffman

Recycling Antifreeze Drums ● Idea 1 - Manufacturing grills in-house ● Idea 2 - Manufacture metal barrels for sale to 3rd party grill manufacturers

Economic Analysis

Corporate Analysis ● ArcelorMittal is first and foremost a steel manufacturing company o In-House Grill Manufacturing would require costly outside expertise o Constructing sterile barrels fit for further grill manufacturing would have least operational impact

Final Selection Manufacture of sterilized metal drums for sale to 3rd party grill manufacturers

Profitability & Marketability ● Grill market revenue projected to increase 3.8% for 2015 and beyond o Uptick in economy and overall housing market o Moderate increases in disposable income ● Price point of $30 per barrel (1 future grill) o Initially operating under loss to cover fixed costs o After four months, operation will be profitable

Implementation Plan ● Setting up factory space ● Establish contracts with grill manufacturers o Coleman Grills, Holstein Manufacturing, Meco Corp. ● Hire workers ● Begin production

Process Flow Chart Collect empty Cut barrels in START half barrels Blow torch interior Dry interior Power wash interior of barrels of barrels of barrels Seal barrel Package barrels Ship barrels END halves on pallets

Systems Diagram

3D Finished Product

ArcelorMittal Waste Stream Reduction Project Sustainability & Benefits: Rucha Bhide, Stephen Barnett, Hassani Jack, David Kauffman • ArcelorMittal -Reduction of waste Goal: to develop a sustainable opportunity to recycle waste from - Profitable Operation steel manufacturing plants • Community Benefits - Less waste, environmentally friendly - Responsible re-use of barrels and wood pallets • Economic Benefits - Lower prices for Implementation plan: consumers 1. Setting up factory space Final Selection: 2. Establish contracts with Figure 7: 3D Prototype Model grill manufacturers 3. Hire workers Manufacture of sterilized metal drums for sale 4. Begin production to 3rd party grill manufacturers Potential Profit: - $30 per barrel - Expected profit after 4 months • Grill market revenue expected to raise 3.8% for 2015 and beyond

Ultimate Goal: Sustainability ● If our concept is selected, all stakeholders benefit ArcelorMittal Benefits ○ - Reduction of Waste Stream - Profitable Operation ○ Community Benefits - Less waste, environmentally friendly - Responsible re-use of barrels and wood pallets (shipping) ○ Economic Benefits - Lower prices for consumers (factor costs less)

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