Abstract: A knockdown bulk container for storing and shipping bulk quantities of fluid and semi-fluid substances including an annular base, an annular cap and a circular side wall. The side wall is formed of a number of paperboard slats adhered to a sheet of paperboard. The side wall is adapted to be folded into a substantially flat condition for shipping and storing and formed into a cylinder which is inserted in the annular base for filling of the container. Interlocking blocks adhered respectively to the outside of the base of the side wall and to the inside of the annular base secure the side wall in the base.