IFC has partnered with Baalbaki Chemical Industries (BCI) to provide a loan facility of up to USD 40 million, supporting our expansion in Lebanon and across the Middle East. This partnership reinforces BCI’s position as a leading regional producer of polyester polyols, polyurethane systems, flexible packaging, and specialty adhesives. The investment will enable us to drive job creation, strengthen SME development, and establish two major pillars for our future growth: a dedicated R&D and Innovation Center in Lebanon and a support operations hub that will enhance our regional capabilities.
This strategic step reflects Dr. Baalbaki’s enduring belief in Lebanon’s talent, its ability to remain a center for innovation excellence in the region, and its value creation across key industrial sectors. It also underscores our shared commitment to the Triple Bottom Line—advancing social responsibility, environmental sustainability, and consistent financial performance.
This partnership reflects IFC’s continued trust in Lebanon and in BCI’s long-term vision. The decision to reshore key support functions to Beirut and build a regional innovation center marks an important milestone, and we look forward to building on this momentum as we continue shaping a Middle East–grown global success story in downstream specialty chemicals.
