Adani and Dioxycle Partner to Produce Low-Carbon Formic Acid in India Using Captured CO2 and Renewable Electricity
vibesofindia.comAdani Enterprises and French clean-tech firm Dioxycle have announced a partnership to build India's first low-carbon formic acid production facility. The pilot plant will use captured carbon dioxide and renewable electricity to produce formic acid, a chemical used in textiles, agriculture, and manufacturing. If the pilot succeeds, the partners plan to scale up for commercial production, marking Adani's entry into the chemicals sector while leveraging its renewable energy and infrastructure assets. The project supports India's Make in India and Viksit Bharat 2047 goals by combining domestic manufacturing with clean technology. It also reflects growing India-Europe collaboration in low-carbon industrial processes. The partners will explore expanding into other chemicals beyond formic acid, targeting sectors that still rely on fossil-based feedstocks.
