en.Wedoany.com Reported - Adani Enterprises Ltd (AEL) and French clean technology company Dioxycle have announced a long-term partnership to jointly develop and scale up the production of low-carbon chemicals in India.

Under the agreement, the parties plan to first build a pilot facility at one of the Adani Group's sites to produce formic acid using captured carbon dioxide and renewable electricity. Following technical validation, the partners will advance the technology toward commercial-scale production.

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

This collaboration combines Dioxycle's electrically driven chemical manufacturing technology with the Adani Group's clean energy capabilities, infrastructure platform, and project execution expertise to explore a sustainable and cost-competitive pathway for chemical production.

Jeet Adani, Director of the Adani Group, stated that the group is proud to pilot India's first formic acid production facility fully powered by renewable electricity and captured carbon dioxide, and believes the partnership with Dioxycle validates how strategic industrial synergies can transform carbon liabilities into sustainable and cost-effective economic assets.

Dr. Sarah Lamaison, CEO and Co-founder of Dioxycle, said the collaboration demonstrates how clean technology and industrial scale can combine to reshape the production of basic chemicals, noting that India offers a unique combination of renewable energy, manufacturing capabilities, and industrial ambition, with both parties committed to building a competitive and scalable low-carbon chemical production model.

Beyond formic acid, the partners will also explore the development of a broader portfolio of chemicals, with applications spanning energy, materials, packaging, and manufacturing. These sectors still rely heavily on fossil-based feedstocks and face increasing pressure to reduce emissions.

For the Adani Group, this move marks a strategic entry into the chemicals sector, further expanding its future-oriented business portfolio on the foundation of renewable energy and infrastructure strengths.

The partnership also reflects the strengthening of collaboration between India and Europe in clean technology. As global supply chains demand sustainable alternatives, India, with its scale, industrial capabilities, and abundant renewable energy resources, is becoming a preferred destination for advanced manufacturing.

The initiative supports the national strategic goals of "Make in India" and "Viksit Bharat 2047" by driving technology-led growth, strengthening domestic manufacturing capabilities, and accelerating India's transition toward a more competitive and sustainable economy.