This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Frost & Sullivan Lauds Peninsula Drums For Achieving Excellence In Product Differentiation

CAPE TOWN, South Africa, Dec. 13, 2012 /PRNewswire/ -- Based on its recent analysis of the industrial packaging market, Frost & Sullivan recognises Peninsula Drums with the 2012 South African Product Differentiation Excellence Award.

"This award highlights Peninsula Drums' forward thinking and adoption of global best practices in the steel drum manufacturing industry," noted Frost & Sullivan's Chemicals Materials & Food Research Analyst, Kim Watson. "Recognising a gap in the market for conical drums, a product which is not yet manufactured in South Africa, Peninsula Drums obtained the technology to start producing it before other key market participants."

Peninsula Drums is currently the only manufacturer of conical drums in Africa. This offering became available to end-user markets in May 2012.

"Peninsula Drums' conical drums are tapered in such a way that they can be packed inside each other for transport to customers whilst still empty, thus saving space and allowing for more drums to fit inside a container," remarked Watson. "The cylindrical drums, offered by its competitors, lack this unique feature.

Additionally, these conical drums also offer cost savings. They are an ideal solution for companies operating in neighbouring countries where steel drums are not manufactured. Such companies can import conical steel drums from South Africa in larger volumes than cylindrical equivalents.

Another beneficial feature is the availability of these drums in various colours. This type of customisation allows companies to easily identify the contents of the drum.

"Peninsula Drums' conical drums are highly durable, comply with UN standards and are resilient to climate changes," said Watson. "They are well designed for the storage of liquids and hazardous materials by sea, air or land. A reinforced base supports greater stability and ensures that the drums remain upright during movement."

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,596.35 -350.33 -1.95%
S&P 500 2,057.64 -43.85 -2.09%
NASDAQ 4,958.4680 -122.0370 -2.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs