Adani and Dioxycle partner to produce low-carbon chemicals in India using captured CO2

Adani Group has partnered with French startup Dioxycle to build a facility in India that converts captured carbon dioxide into ethylene, a key chemical used in plastics and industrial products. The project aims to use electrolysis technology to turn industrial CO2 emissions into a feedstock, cutting the carbon footprint of chemical production. This is one of the first large-scale attempts to apply carbon capture and utilization (CCU) in India's chemical sector. The partnership combines Adani's industrial infrastructure and access to CO2 sources with Dioxycle's electrochemical technology. The companies say the process can produce ethylene at competitive costs while avoiding the emissions from traditional steam cracking of fossil fuels. If the economics hold, this could open a new pathway for decarbonizing hard-to-abate industrial processes in India. No specific timeline or capacity figures have been released yet, and the technology is still at a relatively early stage of commercialization. The deal signals growing interest in CCU as a practical tool for industrial decarbonization, but the real test will be whether the process can scale and deliver real emission reductions without relying on offsets.