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Page 1: Management Team · Management Team BCI is managed by an executive committee consisting of: Mr. Hassane Baalbaki Hassane serves as Managing Director of BCI Holding S.A and leads the

Management Team

BCI is managed by an executive committee consisting of:Mr. Hassane BaalbakiHassane serves as Managing Director of BCI Holding S.A and leads the Group’s Innovation and Purchasing teams.Hassane is also a member of the Board of Directors of Arab Bank Syria S.A. and Arope Insurance S.A.Hassane holds a Bachelor Degree in Economics from theAmerican University of Beirut and has attended executiveeducation courses at INSEAD, Harvard Business Schooland London Business School.

Mr. Karim BaalbakiKarim serves as the Chairman and Managing Directorof BCI Holding S.A and leads the Group’s Finance and Operations team. Karim is also a member of the Board of Directors of BLOM Development Bank SAL and Head of the Bank’s Risk Committee. Karim holds an MBAwith Distinction from INSEAD and has attended executive education courses at London Business School, Harvard Business School and Stanford University.

Dr. Ahmed EllaboudyAhmed has been with the Group since 2015 and currently serves as the Managing Director or BCI-Gulf. Between 1989-2015, Ahmed held senior managementpositions with Dow Chemical in sales, technology and Product Development last of which was BusinessDevelopment Manager for Dow Formulated Systems inNorth America.Ahmed has a PhD in Physical/Inorganic Chemistry from Michigan State University, and an MSC in PhysicalChemistry from Alexandria University.

Stefano BerriniStefano has been with the Group since 2016 and currently serves as Managing Director of BCI Europe.Between 2006-2015 Stefano held several senior

Management positions at Huntsman polyurethanes. Between 1982-2005, he held various management positions at ICI including: General Manager of the KSA operation. Stefano has a Bachelor Degree in Chemistry from the University of Milan and has attended Executive education courses at Boston University.

Mr. Marwan KawasMarwan serves as the Commercial Director ofBCI Holding and the Managing Director of BCITurkey AS. Before joining the Group in 2010, Marwanworked for 20 years at Exxon Chemical in many functionsincluding Sales, Marketing and Technology. During the last10 years, he was the Sales Director of the Middle East,Africa and Benelux at Exxon Chemical. Marwan holds aBachelor Degree in Chemical Engineering from HamburgUniversity and has attended several courses inmanagement and marketing at INSEAD & IMD.

Ahmad BaalbakiAhmad has been with the Group since 2010 andCurrently serves as Senior Manager of Group SupplyChain, Business Planning & Control. Between 2006-2009.Ahmad held several senior finance positions with BCI Holding S.A. Ahmad has an MBA and BBA from the Lebanese American University.

Wassim BawabWassim has been with the Group since 2010 and currently serves as the Group Finance Director as well.Between 2004-2009 Wassim was the Assistant Manager of assurance at PWC Beirut office. Wassim is a Chartered Public Accountant (CPA) from the New Hampshire Board of Accountancy. Wassim has an MBA and a BBA from American University of Beirut and has attended Executive education courses at the Amsterdam Institute of Finance.

Warehousing Facilities

www.bciholding.com

Contact details

ItalyBCI Polyurethane Europe S.r.l.Piazzale Cocchi 22 - 21040 Vedano Olona (VA)Tel: +39 0332 404225 , Fax: +39 0332 402588

EgyptBaalbaki Egypt for Chemical Industries S.A.E. Plot no. 178, Street no. 64, First Industrial Zone, 6th of October City,Egypt. Tel: +20238200136, Fax: +20 238200238

TurkeyYenisehir Mahallesi, Cumhuriyet Bulvari, Dumankaya Cadde Sitesi No: 12 B Blok 5. Kat Daire: 71 Kurtköy, Pendik, Istanbul, P.O. Box 34906, Turkiye. Tel: + 90 216 373 75 83 Fax: +90 216 373 64 78

UAEBaalbaki Group S.A. plot 1 J 22, Hamriyah Free Zone,P.O. Box 42448 Sharjah, United Arab Emirates.Tel: +971 6 526 0788, Fax: +971 6 526 1799

LebanonBCI Holding S.A. Beirut Representative Office Baalbaki Building, Abdel Aziz Street, Hamra, P.O. Box 113-5465, 1103 - 2040 Beirut, Lebanon. Tel: +961 1 347 616, +961 1 742 769, Fax: +961 1 353 921

Page 2: Management Team · Management Team BCI is managed by an executive committee consisting of: Mr. Hassane Baalbaki Hassane serves as Managing Director of BCI Holding S.A and leads the

PUROL®

Aromatic Polyester Polyolsfor PUR and PIR rigidPolyurethane foams withenhanced flame properties

BASIS®

Aliphatic PolyesterPolyols used as hardenersor tensile/waterabsorption enhancers inthe production ofcontinuous slab-stockand discontinuous flexiblefoam and as base Polyolsfor FootwearPolyurethane Systemsand various grades of TPU

Polyrex Systems®

Tailor made PolyurethaneSystems for rigid, coldcure, integral skin, andfootwear applications

Isorex ®

Specialty IsocayantePrepolymers for re-bondedflexible foam Hardeners for wood andautomotive coatings

Ecolad®

Solvent Less and SolventBase Specialty LaminationAdhesives for the FlexiblePackaging Industry

Egycol® and Bondex®

TPU and Neopreneadhesives for the leather,footwear and furnitureindustries

Silorex®

Mould release agents forthe Polyurethane ShoeSole Industry

Matrix®

Specialty pigments andvarnishes for the FlexibleFoam and FootwearIndustries

The Group currently operates three production sitesand two distribution and technical service centers. Thesites are housed on 75,000 sqm of industrial propertyand occupy a built-up area of more than 30,000 sqm.BCI’s central development labs and technical servicecenter in the UAE occupy an area of 750 sqm and areequipped with state-of-the-art development, testingand pilot plant facilities.

The production facilities have a capacity to produce:50,000 MT of Polyester Polyols; 60,000 MT ofIsocyanate pre-polmers; and 75,000 MT of Polyolblends. The facilities also have a total bulk storecapacity of more than 3,500 cbm as well as a coldstore capacity to freeze 1,200 MT of material.

Note: All capacities are based on 2 shifts of 330working days per annum.

Product Range

Production Sites & Capacities

The hereunder awards give a flavor of some of the Group’s major milestones during the past six decades:

The Group’s history in Polyurethanes dates back to 1982,when one of the Group’s subsidiaries in Jordan wasawarded a contract to insulate with Polyurethane SprayFoam section of the Queen Alia International Airport.In 1994, based on a Technical Support and Trade MarkLicensing Agreement with Bayer A.G. Germany, BaalbakiChemical Industries (BCI) started the production ofPolyurethane Systems and Isocyanate Pre-polymers.

Today, BCI is the largest independent manufacturer ofAromatic and Aliphatic Polyester Polyols, IsocyanatePre-polymers, Polyurethane Systems, and PolyurethaneAuxiliary Chemicals in the Middle East and Africa regions.BCI has manufacturing facilities in the UAE, Egypt, andSyria (through a sister company) as well as distributionand technical service centers in Turkey and Jordan. BCI isalso a leading producer of Specialty Adhesives for theFlexible Packaging Industry and for the Leather andFootwear Industries.

BCI stands out among industry participants with its firmcommitment to the Polyurethane Industry in the regionswhere it operates as set in its vision and missionstatements:

VisionBCI aims to become a global player in the PolyurethaneSolutions Industry recognized for its consistent productquality, its exceptional human resource capability, itscustomer focus, and its commitment to the localcommunities where it operates.

MissionBCI’s Mission is to be the EMEA region’s leading andpreferred supplier of PU Systems, Polyester Polyols, andPU specialties through a solid commitment to productleadership, operational excellence and customer intimacy.

The BCI management team remains firmly committed tothe Group’s core values which have been instrumental insecuring its sustained success over the years namely:

• Humility and Perseverance• Integrity & Transparency• Financial Discipline & Professionalism• Prudent Entrepreneurship

BCI Profile

Queen Elizabeth Awardfor Export 1976

Norwegian Export Council Award 1980

L’Unite Hermetique GoldenMedal Award for 50 years ofCooperation 2004

First Arab Producer of Refrigerators toparticipate in a European Trade Show

1962 1980 20041976

Group Background

The History of the Baalbaki Family in business dates backto the early 1900’s when three brothers: Rushdi, Kamel andOmar Baalbaki set up a textiles manufacturing and foodcommodities trading business in the Levant region withbranches in Damascus, Amman, and Beirut. Continuing intheir Father’s entrepreneurial footsteps, Omar’s sonsfocused on expanding the family’s industrial activities inthe 1950s and 1960s. In 1957, Dr. Ihsan and TahseenBaalbaki established ‘Barada Metalic Industries’, one ofthe first factories in the Middle East for the production ofdomestic refrigerators, gas ovens and steal furniture under

license from Mauser G.M.B.H. and Linde A.G. In 1960, OmarBaalbaki's son, Hassan Baalbaki, took the family’s textilesbusiness public in one of the region’s first IPO’s.

After nationalization in Syria in 1964, Dr. Ihsan Baalbakishifted the Group’s headquarters to Beirut, Lebanon anddeveloped the Group into a leading regional institutionwith activities and investments in industry, trade, financeand real estate. The Group was recognized by ForbesMagazine in 2012 as one of the top 50 companiesin the Middle East making an impact.

Barada Metalic Industries, 1957

Polyester Polyol Reactor Central Development Lab

Fully Automated Manufacturing Facilities

Page 3: Management Team · Management Team BCI is managed by an executive committee consisting of: Mr. Hassane Baalbaki Hassane serves as Managing Director of BCI Holding S.A and leads the

PUROL®

Aromatic Polyester Polyolsfor PUR and PIR rigidPolyurethane foams withenhanced flame properties

BASIS®

Aliphatic PolyesterPolyols used as hardenersor tensile/waterabsorption enhancers inthe production ofcontinuous slab-stockand discontinuous flexiblefoam and as base Polyolsfor FootwearPolyurethane Systemsand various grades of TPU

Polyrex Systems®

Tailor made PolyurethaneSystems for rigid, coldcure, integral skin, andfootwear applications

Isorex ®

Specialty IsocayantePrepolymers for re-bondedflexible foam Hardeners for wood andautomotive coatings

Ecolad®

Solvent Less and SolventBase Specialty LaminationAdhesives for the FlexiblePackaging Industry

Egycol® and Bondex®

TPU and Neopreneadhesives for the leather,footwear and furnitureindustries

Silorex®

Mould release agents forthe Polyurethane ShoeSole Industry

Matrix®

Specialty pigments andvarnishes for the FlexibleFoam and FootwearIndustries

The Group currently operates three production sitesand two distribution and technical service centers. Thesites are housed on 75,000 sqm of industrial propertyand occupy a built-up area of more than 30,000 sqm.BCI’s central development labs and technical servicecenter in the UAE occupy an area of 750 sqm and areequipped with state-of-the-art development, testingand pilot plant facilities.

The production facilities have a capacity to produce:50,000 MT of Polyester Polyols; 60,000 MT ofIsocyanate pre-polmers; and 75,000 MT of Polyolblends. The facilities also have a total bulk storecapacity of more than 3,500 cbm as well as a coldstore capacity to freeze 1,200 MT of material.

Note: All capacities are based on 2 shifts of 330working days per annum.

Product Range

Production Sites & Capacities

The hereunder awards give a flavor of some of the Group’s major milestones during the past six decades:

The Group’s history in Polyurethanes dates back to 1982,when one of the Group’s subsidiaries in Jordan wasawarded a contract to insulate with Polyurethane SprayFoam section of the Queen Alia International Airport.In 1994, based on a Technical Support and Trade MarkLicensing Agreement with Bayer A.G. Germany, BaalbakiChemical Industries (BCI) started the production ofPolyurethane Systems and Isocyanate Pre-polymers.

Today, BCI is the largest independent manufacturer ofAromatic and Aliphatic Polyester Polyols, IsocyanatePre-polymers, Polyurethane Systems, and PolyurethaneAuxiliary Chemicals in the Middle East and Africa regions.BCI has manufacturing facilities in the UAE, Egypt, andSyria (through a sister company) as well as distributionand technical service centers in Turkey and Jordan. BCI isalso a leading producer of Specialty Adhesives for theFlexible Packaging Industry and for the Leather andFootwear Industries.

BCI stands out among industry participants with its firmcommitment to the Polyurethane Industry in the regionswhere it operates as set in its vision and missionstatements:

VisionBCI aims to become a global player in the PolyurethaneSolutions Industry recognized for its consistent productquality, its exceptional human resource capability, itscustomer focus, and its commitment to the localcommunities where it operates.

MissionBCI’s Mission is to be the EMEA region’s leading andpreferred supplier of PU Systems, Polyester Polyols, andPU specialties through a solid commitment to productleadership, operational excellence and customer intimacy.

The BCI management team remains firmly committed tothe Group’s core values which have been instrumental insecuring its sustained success over the years namely:

• Humility and Perseverance• Integrity & Transparency• Financial Discipline & Professionalism• Prudent Entrepreneurship

BCI Profile

Queen Elizabeth Awardfor Export 1976

Norwegian Export Council Award 1980

L’Unite Hermetique GoldenMedal Award for 50 years ofCooperation 2004

First Arab Producer of Refrigerators toparticipate in a European Trade Show

1962 1980 20041976

Group Background

The History of the Baalbaki Family in business dates backto the early 1900’s when three brothers: Rushdi, Kamel andOmar Baalbaki set up a textiles manufacturing and foodcommodities trading business in the Levant region withbranches in Damascus, Amman, and Beirut. Continuing intheir Father’s entrepreneurial footsteps, Omar’s sonsfocused on expanding the family’s industrial activities inthe 1950s and 1960s. In 1957, Dr. Ihsan and TahseenBaalbaki established ‘Barada Metalic Industries’, one ofthe first factories in the Middle East for the production ofdomestic refrigerators, gas ovens and steal furniture under

license from Mauser G.M.B.H. and Linde A.G. In 1960, OmarBaalbaki's son, Hassan Baalbaki, took the family’s textilesbusiness public in one of the region’s first IPO’s.

After nationalization in Syria in 1964, Dr. Ihsan Baalbakishifted the Group’s headquarters to Beirut, Lebanon anddeveloped the Group into a leading regional institutionwith activities and investments in industry, trade, financeand real estate. The Group was recognized by ForbesMagazine in 2012 as one of the top 50 companiesin the Middle East making an impact.

Barada Metalic Industries, 1957

Polyester Polyol Reactor Central Development Lab

Fully Automated Manufacturing Facilities

Page 4: Management Team · Management Team BCI is managed by an executive committee consisting of: Mr. Hassane Baalbaki Hassane serves as Managing Director of BCI Holding S.A and leads the

PUROL®

Aromatic Polyester Polyolsfor PUR and PIR rigidPolyurethane foams withenhanced flame properties

BASIS®

Aliphatic PolyesterPolyols used as hardenersor tensile/waterabsorption enhancers inthe production ofcontinuous slab-stockand discontinuous flexiblefoam and as base Polyolsfor FootwearPolyurethane Systemsand various grades of TPU

Polyrex Systems®

Tailor made PolyurethaneSystems for rigid, coldcure, integral skin, andfootwear applications

Isorex ®

Specialty IsocayantePrepolymers for re-bondedflexible foam Hardeners for wood andautomotive coatings

Ecolad®

Solvent Less and SolventBase Specialty LaminationAdhesives for the FlexiblePackaging Industry

Egycol® and Bondex®

TPU and Neopreneadhesives for the leather,footwear and furnitureindustries

Silorex®

Mould release agents forthe Polyurethane ShoeSole Industry

Matrix®

Specialty pigments andvarnishes for the FlexibleFoam and FootwearIndustries

The Group currently operates three production sitesand two distribution and technical service centers. Thesites are housed on 75,000 sqm of industrial propertyand occupy a built-up area of more than 30,000 sqm.BCI’s central development labs and technical servicecenter in the UAE occupy an area of 750 sqm and areequipped with state-of-the-art development, testingand pilot plant facilities.

The production facilities have a capacity to produce:50,000 MT of Polyester Polyols; 60,000 MT ofIsocyanate pre-polmers; and 75,000 MT of Polyolblends. The facilities also have a total bulk storecapacity of more than 3,500 cbm as well as a coldstore capacity to freeze 1,200 MT of material.

Note: All capacities are based on 2 shifts of 330working days per annum.

Product Range

Production Sites & Capacities

The hereunder awards give a flavor of some of the Group’s major milestones during the past six decades:

The Group’s history in Polyurethanes dates back to 1982,when one of the Group’s subsidiaries in Jordan wasawarded a contract to insulate with Polyurethane SprayFoam section of the Queen Alia International Airport.In 1994, based on a Technical Support and Trade MarkLicensing Agreement with Bayer A.G. Germany, BaalbakiChemical Industries (BCI) started the production ofPolyurethane Systems and Isocyanate Pre-polymers.

Today, BCI is the largest independent manufacturer ofAromatic and Aliphatic Polyester Polyols, IsocyanatePre-polymers, Polyurethane Systems, and PolyurethaneAuxiliary Chemicals in the Middle East and Africa regions.BCI has manufacturing facilities in the UAE, Egypt, andSyria (through a sister company) as well as distributionand technical service centers in Turkey and Jordan. BCI isalso a leading producer of Specialty Adhesives for theFlexible Packaging Industry and for the Leather andFootwear Industries.

BCI stands out among industry participants with its firmcommitment to the Polyurethane Industry in the regionswhere it operates as set in its vision and missionstatements:

VisionBCI aims to become a global player in the PolyurethaneSolutions Industry recognized for its consistent productquality, its exceptional human resource capability, itscustomer focus, and its commitment to the localcommunities where it operates.

MissionBCI’s Mission is to be the EMEA region’s leading andpreferred supplier of PU Systems, Polyester Polyols, andPU specialties through a solid commitment to productleadership, operational excellence and customer intimacy.

The BCI management team remains firmly committed tothe Group’s core values which have been instrumental insecuring its sustained success over the years namely:

• Humility and Perseverance• Integrity & Transparency• Financial Discipline & Professionalism• Prudent Entrepreneurship

BCI Profile

Queen Elizabeth Awardfor Export 1976

Norwegian Export Council Award 1980

L’Unite Hermetique GoldenMedal Award for 50 years ofCooperation 2004

First Arab Producer of Refrigerators toparticipate in a European Trade Show

1962 1980 20041976

Group Background

The History of the Baalbaki Family in business dates backto the early 1900’s when three brothers: Rushdi, Kamel andOmar Baalbaki set up a textiles manufacturing and foodcommodities trading business in the Levant region withbranches in Damascus, Amman, and Beirut. Continuing intheir Father’s entrepreneurial footsteps, Omar’s sonsfocused on expanding the family’s industrial activities inthe 1950s and 1960s. In 1957, Dr. Ihsan and TahseenBaalbaki established ‘Barada Metalic Industries’, one ofthe first factories in the Middle East for the production ofdomestic refrigerators, gas ovens and steal furniture under

license from Mauser G.M.B.H. and Linde A.G. In 1960, OmarBaalbaki's son, Hassan Baalbaki, took the family’s textilesbusiness public in one of the region’s first IPO’s.

After nationalization in Syria in 1964, Dr. Ihsan Baalbakishifted the Group’s headquarters to Beirut, Lebanon anddeveloped the Group into a leading regional institutionwith activities and investments in industry, trade, financeand real estate. The Group was recognized by ForbesMagazine in 2012 as one of the top 50 companiesin the Middle East making an impact.

Barada Metalic Industries, 1957

Polyester Polyol Reactor Central Development Lab

Fully Automated Manufacturing Facilities

Page 5: Management Team · Management Team BCI is managed by an executive committee consisting of: Mr. Hassane Baalbaki Hassane serves as Managing Director of BCI Holding S.A and leads the

Management Team

BCI is managed by an executive committee consisting of:Mr. Hassane BaalbakiHassane serves as Managing Director of BCI Holding S.A and leads the Group’s Innovation and Purchasing teams.Hassane is also a member of the Board of Directors of Arab Bank Syria S.A. and Arope Insurance S.A.Hassane holds a Bachelor Degree in Economics from theAmerican University of Beirut and has attended executiveeducation courses at INSEAD, Harvard Business Schooland London Business School.

Mr. Karim BaalbakiKarim serves as the Chairman and Managing Directorof BCI Holding S.A and leads the Group’s Finance and Operations team. Karim is also a member of the Board of Directors of BLOM Development Bank SAL and Head of the Bank’s Risk Committee. Karim holds an MBAwith Distinction from INSEAD and has attended executive education courses at London Business School, Harvard Business School and Stanford University.

Ali has started with the Group in 2017 and currently serves as the Managing Director of BCI-Gulf. Between 1994-2013Ali held a senior management position at PepsiCo, last ofwhich was Finance Director. From 2014-2017, Ali wasSVP/CFO of Yildiz Holding USA, leading the company'sregional Financial Strategy and providing financial stewardship and governance to the various legal entities.Ali has a "Bachelor in Mechanical Engineering" and an "MBA" acquired in 1985 from the American University of Beirut. Alihas attended management courses in INSEAD & Stanford.

Stefano BerriniStefano has been with the Group since 2016 and currently serves as Managing Director of BCI Europe.Between 2006-2015 Stefano held several senior

Management positions at Huntsman polyurethanes. Between 1982-2005, he held various management positions at ICI including: General Manager of the KSA operation. Stefano has a Bachelor Degree in Chemistry from the University of Milan and has attended Executive education courses at Boston University.

Mr. Marwan KawasMarwan serves as the Commercial Director ofBCI Holding and the Managing Director of BCITurkey AS. Before joining the Group in 2010, Marwanworked for 20 years at Exxon Chemical in many functionsincluding Sales, Marketing and Technology. During the last10 years, he was the Sales Director of the Middle East,Africa and Benelux at Exxon Chemical. Marwan holds aBachelor Degree in Chemical Engineering from HamburgUniversity and has attended several courses inmanagement and marketing at INSEAD & IMD.

Ahmad BaalbakiAhmad has been with the Group since 2010 andCurrently serves as Senior Manager of Group SupplyChain, Business Planning & Control. Between 2006-2009.Ahmad held several senior finance positions with BCI Holding S.A. Ahmad has an MBA and BBA from the Lebanese American University.

Wassim BawabWassim has been with the Group since 2010 and currently serves as the Group Finance Director as well.Between 2004-2009 Wassim was the Assistant Manager of assurance at PWC Beirut office. Wassim is a Chartered Public Accountant (CPA) from the New Hampshire Board of Accountancy. Wassim has an MBA and a BBA from American University of Beirut and has attended Executive education courses at the Amsterdam Institute of Finance.

Warehousing Facilities

www.bciholding.com

Contact details

ItalyBCI Polyurethane Europe S.r.l.Piazzale Cocchi 22 - 21040 Vedano Olona (VA)Tel: +39 0332 404225 , Fax: +39 0332 402588

EgyptBaalbaki Egypt for Chemical Industries S.A.E. Plot no. 178, Street no. 64, First Industrial Zone, 6th of October City,Egypt. Tel: +20238200136, Fax: +20 238200238

TurkeyYenisehir Mahallesi, Cumhuriyet Bulvari, Dumankaya Cadde Sitesi No: 12 B Blok 5. Kat Daire: 71 Kurtköy, Pendik, Istanbul, P.O. Box 34906, Turkiye. Tel: + 90 216 373 75 83 Fax: +90 216 373 64 78

UAEBaalbaki Group S.A. plot 1 J 22, Hamriyah Free Zone,P.O. Box 42448 Sharjah, United Arab Emirates.Tel: +971 6 526 0788, Fax: +971 6 526 1799

LebanonBCI Holding S.A. Beirut Representative Office Baalbaki Building, Abdel Aziz Street, Hamra, P.O. Box 113-5465, 1103 - 2040 Beirut, Lebanon. Tel: +961 1 347 616, +961 1 742 769, Fax: +961 1 353 921

Page 6: Management Team · Management Team BCI is managed by an executive committee consisting of: Mr. Hassane Baalbaki Hassane serves as Managing Director of BCI Holding S.A and leads the

Management Team

BCI is managed by an executive committee consisting of:Mr. Hassane BaalbakiHassane serves as Managing Director of BCI Holding S.A and leads the Group’s Innovation and Purchasing teams.Hassane is also a member of the Board of Directors of Arab Bank Syria S.A. and Arope Insurance S.A.Hassane holds a Bachelor Degree in Economics from theAmerican University of Beirut and has attended executiveeducation courses at INSEAD, Harvard Business Schooland London Business School.

Mr. Karim BaalbakiKarim serves as the Chairman and Managing Directorof BCI Holding S.A and leads the Group’s Finance and Operations team. Karim is also a member of the Board of Directors of BLOM Development Bank SAL and Head of the Bank’s Risk Committee. Karim holds an MBAwith Distinction from INSEAD and has attended executive education courses at London Business School, Harvard Business School and Stanford University.

Dr. Ahmed EllaboudyAhmed has been with the Group since 2015 and currently serves as the Managing Director or BCI-Gulf. Between 1989-2015, Ahmed held senior managementpositions with Dow Chemical in sales, technology and Product Development last of which was BusinessDevelopment Manager for Dow Formulated Systems inNorth America.Ahmed has a PhD in Physical/Inorganic Chemistry from Michigan State University, and an MSC in PhysicalChemistry from Alexandria University.

Stefano BerriniStefano has been with the Group since 2016 and currently serves as Managing Director of BCI Europe.Between 2006-2015 Stefano held several senior

Management positions at Huntsman polyurethanes. Between 1982-2005, he held various management positions at ICI including: General Manager of the KSA operation. Stefano has a Bachelor Degree in Chemistry from the University of Milan and has attended Executive education courses at Boston University.

Mr. Marwan KawasMarwan serves as the Commercial Director ofBCI Holding and the Managing Director of BCITurkey AS. Before joining the Group in 2010, Marwanworked for 20 years at Exxon Chemical in many functionsincluding Sales, Marketing and Technology. During the last10 years, he was the Sales Director of the Middle East,Africa and Benelux at Exxon Chemical. Marwan holds aBachelor Degree in Chemical Engineering from HamburgUniversity and has attended several courses inmanagement and marketing at INSEAD & IMD.

Ahmad BaalbakiAhmad has been with the Group since 2010 andCurrently serves as Senior Manager of Group SupplyChain, Business Planning & Control. Between 2006-2009.Ahmad held several senior finance positions with BCI Holding S.A. Ahmad has an MBA and BBA from the Lebanese American University.

Wassim BawabWassim has been with the Group since 2010 and currently serves as the Group Finance Director as well.Between 2004-2009 Wassim was the Assistant Manager of assurance at PWC Beirut office. Wassim is a Chartered Public Accountant (CPA) from the New Hampshire Board of Accountancy. Wassim has an MBA and a BBA from American University of Beirut and has attended Executive education courses at the Amsterdam Institute of Finance.

Warehousing Facilities

www.bciholding.com

Contact details

ItalyBCI Polyurethane Europe S.r.l.Piazzale Cocchi 22 - 21040 Vedano Olona (VA)Tel: +39 0332 404225 , Fax: +39 0332 402588

EgyptBaalbaki Egypt for Chemical Industries S.A.E. Plot no. 178, Street no. 64, First Industrial Zone, 6th of October City,Egypt. Tel: +20238200136, Fax: +20 238200238

TurkeyYenisehir Mahallesi, Cumhuriyet Bulvari, Dumankaya Cadde Sitesi No: 12 B Blok 5. Kat Daire: 71 Kurtköy, Pendik, Istanbul, P.O. Box 34906, Turkiye. Tel: + 90 216 373 75 83 Fax: +90 216 373 64 78

UAEBaalbaki Group S.A. plot 1 J 22, Hamriyah Free Zone,P.O. Box 42448 Sharjah, United Arab Emirates.Tel: +971 6 526 0788, Fax: +971 6 526 1799

LebanonBCI Holding S.A. Beirut Representative Office Baalbaki Building, Abdel Aziz Street, Hamra, P.O. Box 113-5465, 1103 - 2040 Beirut, Lebanon. Tel: +961 1 347 616, +961 1 742 769, Fax: +961 1 353 921