Posted inBusinessInsights

The driving force: How Valor International is powering up with innovation and integrity

Valor International Holding’s CEO Nimar Nikx, on how innovation, technology integration, and a commitment to sustainability and integrity are leading the company towards remarkable advancements

Nimar Nikx, CEO, Valor International Holding

Valor International Holding, headquartered in the Hamriyah Free Zone, is a leading player in the oil and gas sector, specialising in the midstream storage, transportation, and trading of liquid petroleum products. With a strategic focus on providing customised solutions, Valor leverages extensive industry expertise to deliver unparalleled services in the petroleum industry. The company operates state-of-the-art oil terminals and is currently expanding its capabilities with the development of a multifunctional mini refinery.

Leading this transformative journey is Nimar Nikx, the CEO of Valor International Holding, whose journey with the company began with a deep-seated inspiration drawn from witnessing the UAE’s remarkable transformation over the past 33 years.

“Witnessing firsthand the incredible transformation of the UAE has profoundly influenced me,” he shares. “The nation’s great leaders have guided their people to prosperity with pure integrity, principles I strive to apply in my personal and professional life.” This inspiration catalysed his ambition to build a company that not only participates in the oil trade but also pioneers advancements in the industry.

Under Nikx’s leadership, Valor International has evolved from a trading entity into a formidable midstream logistics company with aspirations for vertical and horizontal integration. “After many years of trading oil and oil by-products, I was blessed to find the right investors to support my dream of establishing a full-fledged midstream logistics company,” he recalls. This vision led to the acquisition of an oil terminal and the initiation of terminal management services, positioning Valor as an international player.

A significant milestone on this journey is the development of Valor’s own mini refinery in the Hamriyah Free Zone, set to begin production by the end of Q1 2025. “This will expand our foothold in the region and allow for further growth,” Nikx explains. The refinery project exemplifies Valor’s commitment to innovation and strategic growth, setting the stage for future advancements in the industry.

Describing it as one of his most significant milestones achieved, Nikx’s reveals, “This vertical integration and joint collaboration with the refinery builders and technology holders will elevate Valor to the next level in its journey.” He also adds that the project required meticulous planning and execution, and symbolises Valor’s strategic growth and commitment to excellence.

Valor International excels in midstream storage and transportation

By integrating vertically, Valor International has streamlined its operations and enhanced its ability to deliver high-quality products efficiently. “Collaborating with experienced refinery builders and leading technology holders has enabled us to incorporate cutting-edge innovations and best practices into our operations,” he explains. This accomplishment positions Valor for sustained growth and a stronger market presence in the refinery sector.

Valor International’s technological edge

According to Nikx, Valor remains competitive by leveraging the latest innovations and technological advancements. “As an oil terminal, we are constantly engaged in cleaning tanks and changing their cargos,” Nikx explains. “With the help of robotics, we have significantly reduced the lead time needed for tank changeovers, thereby maximising efficiency and productivity. Our use of robotics not only enhances operational efficiency but also eliminates human safety hazards, underscoring our commitment to employee well-being.”

The company’s refinery is set for a 2025 production start

Further embracing digital transformation, Valor has partnered with Limina Studios to integrate cutting-edge digital twin technology into their workflow. “This innovative platform creates a digital twin of our facilities using advanced laser scanning and 3D imaging,” Nikx shares, highlighting how the digital twin technology allows real-time operational data access and remote work capabilities, revolutionising how it manages its facilities.

“Our field personnel can now access crucial operational information, perform actions on-site using the digital twin, leave tags and annotations, and even work remotely when needed,” he adds. This technological partnership not only enhances operational efficiency but also sets a new standard for industrial innovation.

Meanwhile, at Valor International’s refinery division, the focus is on environmentally friendly processes. “We have collaborated with holders of patented technologies and industry leaders to adopt best practices,” Nikx notes. This includes implementing a gas recovery system to ensure a reduced carbon footprint while producing the highest grade of refined products.
Continuing, he adds that, in the trading sector, Valor is in discussions to adopt a multifunctional trading platform that will allow traders to manage trade risks better and seamlessly open and close positions.

Sustainability is a core principle at Valor, with Nikx passionately believing in the responsibility to invest in and preserve the environment for future generations. “Although oil and gas play a vital role in the economy and the petrochemical industry remains irreplaceable at present, I firmly believe that investing in and preserving our environment is an obligation we owe to our children and future generations,” he asserts.

Nimar Nikx, CEO of Valor International Holding

Valor International’s commitment to sustainability begins with educating its team and ensuring all technologies and equipment meet international standards. “The goal is to leave as small a carbon footprint as possible and aim to be net carbon neutral wherever feasible,” he emphasises. Valor is also exploring the expansion into green terminals for ammonia and developing strategies to partner with reputable climate traders to leave a positive carbon footprint.

“In a world that is increasingly conscious of environmental impact, it is the duty of every leader to be as responsible as possible for the sake of future generations,” Nikx adds.

Cultivating excellence

Despite its successes, Valor has faced significant challenges in recent years, with demand often surpassing investment capabilities. Nikx reflects on these challenges and the strategies employed to navigate through them.

“Building the empire one brick or pipe at a time, we ensure we never begin something we cannot complete and deliver with excellence,” he explains, adding that this meticulous approach has allowed Valor to maintain operational excellence across its various projects and terminals.

Valor international
Valor International integrates robotics for enhanced operational efficiency

A cornerstone of Valor’s success lies in its strong client relationships, built on trust and consistent delivery. “Our motto is to ‘build trust, one trade at a time,’ and we implement it by using a ten-step approach,” Nikx states. This approach includes active listening, regular communication, personalisation, proactive problem-solving, delivering value, building trust, seeking feedback, reliability, consistency, and professionalism.

“By employing these strategies, we aim to build long-lasting and mutually beneficial relationships with our clients,” he adds. Nikx also ensures that each department follows these guidelines through multiple reinforcement meetings and personal interactions with clients to ensure their satisfaction.

Nikx’s leadership style is characterised by a commitment to integrity and a focus on continuous learning. “At Valor International, our mission statement is ‘Trust, through integrity, is the promise Valor delivers its clients,’” he states. This ethos permeates the company’s culture, with each employee understanding their vital role within the organisation. “From the bottom to the top of the company, we all understand that each one of us plays a vital role and each person is just another part of the chain that holds all the parts of Valor together,” he adds.

Valor International
Valor International’s state-of-the-art oil terminals in Hamriyah Free Zone

Nikx places a strong emphasis on integrity and the willingness to work hard and learn. “I always tell my team that there are only two attributes that Valor and myself truly value: first and foremost, integrity, and second, the willingness to work hard and learn,” he says. This focus on personal and professional development is reflected in the company’s support for training and educational excellence.

Looking to the future, Nikx shares that he is excited about several upcoming projects and expansions. “Other than our refinery project, we have been working on our Marine division and are currently in the final negotiations to acquire our first of many vessels,” he reveals. By having its own fleet, Valor International aims to complete a small part of its vertical integration within the industry, with plans for further horizontal growth in the future.