Adani and Dioxycle Partner to Produce Low-Carbon Chemicals in India Using Captured CO2 and Renewable Power
money.rediff.comAdani Enterprises has partnered with French cleantech firm Dioxycle to build a pilot plant in India that will produce formic acid from captured carbon dioxide and renewable electricity. The facility will be located at an Adani Group site and aims to show how industrial carbon emissions can be turned into a chemical feedstock instead of being released into the atmosphere. If the pilot works, the companies plan to scale up and expand into other low-carbon chemicals for textiles, agriculture, and manufacturing. This is one of the first projects in India to combine carbon capture with electrolysis to make a commodity chemical. The partners say they will also look at producing other industrial chemicals that currently rely on fossil fuel feedstocks. The deal highlights growing India-Europe cooperation on clean technology and could open a new revenue stream for carbon capture if the economics hold up at scale.
