Adani Enterprises Partners with France's Dioxycle to Pilot Low-Carbon Formic Acid Plant in India
Adani Enterprises Limited (AEL) has entered a long-term partnership with Dioxycle, a French clean-technology company, to develop and scale low-carbon chemical production in India. The initiative will begin with a pilot facility at an Adani Group site to produce formic acid using captured carbon dioxide and renewable electricity. Following successful validation, the partners plan to scale the technology for commercial manufacturing.
The pilot combines Dioxycle's electrically driven chemical manufacturing technology, which uses electricity and captured CO2 in place of fossil fuel-based feedstocks, with Adani Group's clean-energy capabilities, infrastructure platform and project execution expertise. Formic acid and its derivatives are used across the textile, agriculture and manufacturing sectors. The partnership marks Adani Group's entry into the chemicals sector, building on its existing renewable energy and infrastructure businesses.
Beyond formic acid, the partners plan to explore a broader portfolio of chemicals used in energy, materials, packaging and manufacturing sectors that continue to rely on fossil-based feedstocks. For Adani, the initiative complements the group's broader clean-energy investment programme under its incubator arm, Adani New Industries Limited (ANIL), which is targeting green hydrogen production capacity of 1 million tonnes per annum by 2030.
The collaboration reflects growing India-Europe cooperation in clean technologies, as global manufacturers look to lower-carbon supply chains. The companies said the initiative supports domestic policy objectives around technology-led manufacturing growth and India's broader energy transition.