en.Wedoany.com Reported - Adani Enterprises Ltd (AEL) has established a long-term partnership with French company Dioxycle to advance low-carbon chemical production in India. In the initial phase, a pilot facility will be built at an Adani Group site to produce formic acid using captured carbon dioxide and renewable electricity. Upon successful validation, the two parties plan to scale this technology to commercial manufacturing levels.

Formic acid and its derivatives are widely used in industries such as textiles, agriculture, and manufacturing. This project aims to demonstrate how captured carbon emissions can be converted into high-value products using clean energy.

The collaboration integrates Dioxycle's electricity-driven chemical manufacturing technology with the Adani Group's clean energy capabilities, infrastructure platform, and project execution expertise, with the goal of exploring new models for sustainable and cost-competitive chemical production.

Jeet Adani, Director of the Adani Group, stated: "We are proud to launch India's first formic acid production facility fully powered by renewable electricity and captured carbon dioxide. This partnership with Dioxycle demonstrates that through strategic industrial synergies, carbon liabilities can be transformed into sustainable and cost-effective economic assets."

Sarah Lamaison, CEO and Co-founder of Dioxycle, said: "This collaboration showcases how clean technology and industrial scale can together redefine the production of basic chemicals. India offers a unique combination of renewable energy, manufacturing capabilities, and development ambition. Together with Adani, we are committed to establishing a competitive and scalable model for low-carbon chemical production."

Beyond formic acid, the two parties will also explore the development of a broader portfolio of chemicals that can be used in energy, materials, packaging, manufacturing, and other sectors. Currently, many of these industries still rely on fossil feedstocks and face increasing pressure to reduce emissions. For the Adani Group, this initiative marks a strategic entry into the chemicals sector, leveraging renewable energy and infrastructure advantages while driving the expansion of a future-oriented business portfolio.