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Bhuruka Gases Ltd.

BSE: 509728 Sector: Industrials
NSE: N.A. ISIN Code: INE880D01011
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
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Bhuruka Gases Ltd. (BHURUKAGASES) - Company History

Bhoruka Gases (BGL) was promoted in 1974 in the joint sector by S N Agarwal, the Transport Corporation of India (TCI) and Karnataka State Industrial Investment & Development Corporation (KSIIDC). The company, originally incorporated as Karnataka Oxygen, changed to its present name in 1990 after KSIIDC disinvested its shareholding. The company has a collaboration with Airgas, US, which has a 25.50% stake in the company. BGL is one of the largest manufacturers of quality industrial gases in South India producing a wide range of industrial gases like Oxygen, Nitrogen,Argon,Hydrogen,Dissolved Acetylene,Mixture Gases and Calibration Gases. The first oxygen plant of the company (cap. : 140 cubic mtr per hour) was commissioned in 1975. Subsequently, a dissolved acetylene plant (cap. : 40 cubic mtr per hour) and a hydrogen plant (cap. : 40 cubic mtr per hour) were commissioned in 1976 and 1982 respectively. In 1984, BGL commissioned an imported second-hand air-separation plant from Aga, Sweden (cap. : 800 cubic mtr per hour). In 1991, it took up the manufacture of calibration gases an import substitute. The company completed an expansion programme in 1996 for setting up a 120-tpd Air Separation Plant. The plant is based on state-of-the-art technology imported from Linde,Germany. The company achieved the prestigious ISO 9002 certification for the calibration division. A new DG set with 4 MW capacity was commissioned in Oct 1998.This will overcome the power problems which the company is facing frequently. The name of the company has been changed during the May 2004,from Bhoruka Gases Ltd to Bhuruka Gases Ltd.