Renowned NRI & Innova Refining MD Joy Arakkal passes away

By Rahul Vaimal, Associate Editor
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Joy Arakkal

Joy Arakkal, managing director of Dubai-headquartered Innova Refining and Trading FZE, passed away in Dubai today due to a fatal heart attack. 

Innova Refining and Trading Logo

Born in a farming village of Varayal near Mananthavady, Arakkal did his education by working part-time and later went to the Middle East for work. Arakkal’s Innova Refining and Trading is engaged in trading and reprocessing of petroleum and petrochemical products in UAE.

Innova Refining and Trading have refineries in Sharjah and Ras al Khaimah in the UAE and Dammam in Saudi Arabia which has been supplying lubricants to automobiles, industries, and ships. The firm is also engaged in Terminal operations such as storage and handling of bulk cargo to be transported by road and by the sea with facilities in Sharjah, Dubai, and Dammam.

Mr. Arakkal was heading several organizations in India as well as dedicating his efforts to philanthropy as well. “Along with Aster DM Foundation, Arakkal was setting up houses for 25 flood-affected families at Thalappuzha in Wayanad” ” said Basheer Kadavath, a manager with Arakkal’s firm in Wayanad.

Arakkal is survived by wife Celine Joy and children Arun Joy and Ashley Joy. The Arakkal family is trying to get permission from respective authorities to bring back his mortal remains to India.


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