Adani Enterprises and Dioxycle partner to produce low-carbon chemicals in India
economictimes.indiatimes.comAdani Enterprises has partnered with French clean-tech firm Dioxycle to develop low-carbon chemical production in India. The first project is a pilot plant that will make formic acid using captured carbon dioxide and renewable energy. Formic acid is used in textiles, agriculture, and manufacturing. The companies plan to eventually scale up to commercial production and explore other emissions-reducing chemicals. This partnership marks Adani Group's entry into the low-carbon chemical sector. The idea is to turn captured carbon emissions into useful products instead of releasing them into the atmosphere. If the pilot works, it could open a new market for industrial carbon utilization in India, though the timeline and investment details are not yet public.
