About Us

Who We Are

HAMCHID Nigeria Ltd is a crude oil and petroleum products supplier with a reputation for integrity, quality, and excellence in management. In the last 2 years of operation, combined sales have increased to well over USD $2 BILLION. The Company’s principal business is the export of light grade of bonny crude oil from Nigeria and refined petroleum fuel grades such as liquefied natural gas and automotive gas oil. The Company is a Nigerian Limited company with an extensive export operations network worldwide. It sources high quality crude oil for industrial consumption which is taken to its consumers worldwide by an established shipping network. The company delivers worldwide to suit buyers timescales, and complies with all environmental legislation. The company has a good reputation with its clients and is insistent on consistent high standards of service.

In the last 3 years alone, the company has had an increase in in exports up 528%. The management’s goal is to enhance and grow its core crude oil business internationally while also developing an innovative refined fuel products solutions business.

What We Do

The company`s crude oil operations are operated within three continents which are North America, Europe and Africa, The Federal Republic of Nigeria is the company`s headquarters location and it has various supply and purchase interests in the USA and Europe.

Our presence in the crude oil market with strategically located storage capacity enables us to optimize activities within each region while also allowing us to gain a clear perspective of market dynamics and price fluctuations in the crude benchmarks. We offer our commercial support for individually tailored structured transactions, applying our risk management, finance and investment expertise to refineries, energy traders and corporate buyers.

Corporate Responsibility

The Group manages its activities with the highest regard for the wellbeing of people, places and the environment. Hamchid Nigeria Ltd is part of the world’s transition towards a greener economy. We have adopted environmental products into our portfolio at the early stages. We trade in carbon emissions, certified biodiesel and other environmental products. The activities we undertake are managed to the highest environmental, health and safety standards. In the communities where we operate, we employ local people to manage and run our facilities. This helps to create more sustainable businesses.

Our approach is to act responsibly and to be a leader in good corporate practice. We always adopt and adhere to the best in class standards as required by the world’s most rigorous regulatory regimes.

Strategy

Vision

Our vision serves as the framework for our Roadmap and guides every aspect of our business by describing what we need to accomplish in order to continue achieving sustainable, quality growth. We want to offer a great place to work where our employees are inspired to be the best they can be.

We also want to nurture a winning network of customers and suppliers; together we create mutual, enduring value to our business relationship.

 Lastly, we want to be a responsible company that makes a difference by helping build and support sustainable recycling procedures that ensure the constant supply of good quality commodities and intend to be a highly effective, lean and fast-growing organization.

Mission

HAMCHID Nigeria Ltd understands the importance of operating a reliable and ethical company with a responsible working environment. We always strive to perform safely, efficiently and to comply with any regulations in the countries we export to. We are also committed to our corporate social responsibility, to our workforce, local communities and the environment.

Values

Our values serve as a compass for our actions and describe how we behave.

Leadership - We want to shape a better future for metal recycling

Cooperation - To work in harmony with our suppliers and buyers 

Virtue - To be honest and transparent in all our dealings with our clients

Devotion - Committed in heart and mind to succeed in quality of service

Efficiency - To efficiently offer a service highly acceptable to our clients

Goals & Objectives

Operational Excellence requires constant attention to countless details in the way that our work is performed. Hamchid Nigeria Ltd's business ethic is based on the following MO (Modus of Operandi), a code of conduct that HAMCHID Nigeria Ltd Management reinforces. The code is based on two key principles:

Do it properly or just don’t do it at all. There is always time to do it right. The code addresses a wide range of behaviours. The key word in the MO is “Always”.

Always operate within best value conventions. 
Always operate in a safe and controlled work environment. 
Always ensure transparency in all trade transactions. 
Always follow Letter of Credit (L/C) practices and procedures.
Always meet or exceed customers' requirements. 
Always maintain and ensure quality of products supplied. 
Always comply with all trade applicable rules and regulations.
Always address unrealistic terms and conditions to reduce delays.
Always follow written procedures for high-risk or unusual situations.
Always involve the right people in decisions that affect procedures

Hamchid Nigeria Limited