Support and Resistance Levels
Past performance
About Citurgia Biochemicals Ltd Citurgia Biochemicals is a manufacturer specializing in citric acid, calcium carbonate, and plasticisers. Originally promoted by John E Sturge, UK, Bombay Dyeing and Manufacturing Company, and Sturdia Chemicals, the company saw a change in equity ownership in 1987-88 when John E Sturge was repaid its entire equity holding. During the same period, Citurgia expanded by acquiring Sodality Trading & Agencies and Himgiri Trading & Agencies. Citric acid, a key product, is used in various industries including food and beverage, textiles, and pharmaceuticals, with exports reaching markets in the US, Japan, Germany, Australia, and more.
The company has also focused on sustainability and efficiency, commissioning an anaerobic effluent-treatment plant in 1988 to manage waste from citric acid production. Additionally, it upgraded its infrastructure by converting a coal-fired boiler into a Fluidized Bed Combustion (FBC) system, enhancing operational efficiency. These initiatives reflect Citurgia Biochemicals’ commitment to modernization and environmental responsibility.