Baalbaki Chemical Industries is a polyols producer and systems house based in Beirut but with operations across the Middle East. Simon Robinson grabbed a few minutes with company president, Hassan Baalbaki to talk about business at UTECH Europe 2015.
Chatting with a relaxed Hassan Baalbaki on his stand at UTECH Europe 2015, I was struck that if it wasn’t for an accident of history then he may not have been at UTECH at all.
The accident was the Syrian government’s decision to nationalise Baalbaki’s parent’s business without compensation in the 1960s. Fortunately, for Baalbaki, his family had set up an office in Beirut, Lebanon, and it was from there that the firm regrew.
Now Baalbaki has three manufacturing facilities in Syria, Egypt and the UAE. Hassan Baalbaki describes them as “integrated facilities producing polyesters and a range of polyols as well as systems for rigid foams, shoe soles, and specialties.”
“All of the sites are integrated with adhesives as well, and we make grades of adhesive for flexible packaging and for a range of other uses, he said.
In 2014, Baalbaki acquired a factory in Egypt. This was, and is, the largest producer of polyurethane adhesives in that country . Since the acquisition, Baalbaki has integrated that plant into the network.
“Over the last two years to 18 months we’ve set up distribution and service centres in…