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Business India News Updated Jul 10, 2026

Adani Partners with French Firm Dioxycle for Low-Carbon Chemical Production in India

Adani Enterprises has partnered with French firm Dioxycle to develop low-carbon chemical manufacturing in India. The initiative will start with a pilot facility producing formic acid from captured carbon dioxide and renewable electricity. The partnership combines Adani's infrastructure and renewable energy capabilities with Dioxycle's clean chemical technology. The project supports India's Make in India and Viksit Bharat 2047 initiatives by promoting sustainable manufacturing.

Adani Enterprises partners with French firm Dioxycle to scale low-carbon chemical manufacturing in India

New Delhi, July 10

Adani Enterprises Ltd and Dioxycle today announced a long-term partnership to develop and scale low-carbon chemical production in India. According to an Adani media release, 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 a successful validation process, the partners plan to scale the clean technology for commercial manufacturing. The project aims to demonstrate how captured carbon emissions can be converted into valuable products using clean energy. Formic acid and its derivatives see wide use across industries, including textiles, agriculture, and manufacturing.

The partnership combines the clean-energy capabilities, infrastructure platform, and project execution expertise of the Adani Group with the electrically driven chemical manufacturing technology of Dioxycle, a French clean-technology company.

"We are proud to pilot India's first formic acid production facility powered entirely by renewable electricity and captured carbon," said Jeet Adani, Director, Adani Group.

"This partnership with Dioxycle is a testament to how strategic industrial synergies can turn carbon liabilities into sustainable, cost-effective economic assets," Adani added.

For the Adani Group, the initiative marks a strategic entry into the chemicals sector. It builds on the group's strengths in renewable energy and infrastructure while expanding its portfolio of businesses. The partners will also explore opportunities to develop a broader portfolio of chemicals used across sectors such as energy, materials, packaging, and manufacturing, which continue to rely on fossil-based feedstocks.

"This partnership demonstrates how clean technology and industrial scale can come together to reshape how essential chemicals are produced," said Sarah Lamaison, Chief Executive Officer (CEO) and Co-Founder of Dioxycle.

"India offers a unique combination of renewable energy, manufacturing capability, and ambition. Together with Adani, we aim to build a competitive and scalable model for low-carbon chemical production," Dr. Lamaison said.

The partnership reflects growing India-Europe collaboration in clean technologies. As global supply chains seek sustainable alternatives, India is emerging as a preferred destination for advanced manufacturing, supported by its scale and abundant renewable energy resources.

The initiative supports the twin national objectives of "Make in India" and Viksit Bharat 2047 by promoting technology-led growth, strengthening domestic manufacturing capabilities, and accelerating India's transition to a sustainable economy.

— ANI

Reader Comments

Priya S

Finally, some real action on carbon capture and utilization! Formic acid is widely used in textiles and agriculture - our key sectors. But I hope the costs don't get passed down to small businesses. Need to see if this remains affordable for domestic industries rather than just exports.

Michael C

Impressive to see India taking lead in green chemistry! As someone working in chemical engineering, this pilot combining renewable electricity with CO2 capture is genuinely innovative. If successful, it could reduce India's import dependence for chemicals while cutting emissions. Win-win.

Rohit P

Adani is diversifying rapidly - from airports to data centers to now chemicals. The green angle is smart PR, but we must monitor environmental compliance. The pilot says "captured carbon" but how much is actually captured vs just a small demo? Skeptical until we see real numbers.

Sarah B

Love the Make in India synergy! France and India collaborating on clean tech is inspiring. The fact that this uses renewable electricity throughout makes it truly sustainable. My only concern is scalability - hope the pilot moves fast to commercial production. India has the scale to make this globally competitive.

Kavya N

As a textile industry professional, formic acid is critical for dyeing and finishing. If this reduces our carbon footprint and costs, it's a game-changer. But will small mills in Tirupur or Surat benefit, or will it only serve large corporate clients? Need inclusive growth here.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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