Wednesday, January 27, 2016

Baalbaki Chemical acquires Italian factory. To penetrate Europe after expansion in UAE


Baalbaki Chemical Industries (BCI) Holding, a subsidiary of local group Unimetco Holding and manufacturer of polyesters, pre-polymers, and specialty adhesives, acquired 70 percent of the Italian polyurethane systems manufacturer Polysystem.

The business will be integrated within its European subsidiary BCI‐Polyurethanes Europe, which was established in Italy with the Italy-based Dollmar Group.

"Around 25 percent of the world's demand for polyurethane systems comes from the surround...

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