Adani Group has signed a partnership with French startup Dioxycle to develop low-carbon chemicals in India. The collaboration aims to use Dioxycle's technology to convert industrial carbon emissions into chemicals like ethylene, which is a key input for plastics and other materials. This is a concrete step toward decarbonizing hard to abate industrial sectors in India. The project targets the production of ethylene from captured CO2, which could reduce reliance on fossil feedstocks. No timeline or capacity figures have been released yet. The deal signals growing interest in carbon utilization as a complement to emissions reduction in heavy industry.
