Adani, Dioxycle partner for low-carbon chemicals in India Jul 13, 2026

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Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, and Dioxycle, a French clean-technology company specialising in chemical manufacturing, announced a long-term partnership to develop and scale low-carbon chemical production in India.

The initiative will begin with a pilot facility at an Adani Group’s site to create formic acid using captured carbon dioxide and renewable electricity. Following successful validation, the partners plan to scale the methodology to commercial manufacturing.

Formic acid and its derivatives are broadly utilized across industries including textiles, agriculture and manufacturing. The project aims to demonstrate how captured carbon releases can be converted into valuable items using clean energy.

The partnership combines Dioxycle's electrically driven chemical manufacturing methodology with Adani Group's clean-energy capabilities, infrastructure platform and project execution expertise to create a new model to sustainable and cost-competitive chemical production.

“We are proud to pilot India's first formic acid production facility powered entirely by renewable electricity and captured carbon. This partnership with Dioxycle is a testament to how strategic manufacturing synergies can turn carbon liabilities into sustainable, cost-efficiently economic assets,” said Mr. Jeet Adani, Director, Adani Group.

"This partnership demonstrates how clean methodology and manufacturing scale can come together to reshape how essential chemicals are produced. India offers a unique combination of renewable energy, manufacturing capability, and ambition. Together with Adani, we aim to build a competitive and scalable model to low-carbon chemical production," said Dr. Sarah Lamaison, Chief Executive Officer (CEO) and Co-Founder of Dioxycle.

Beyond formic acid, the partners will explore opportunities to develop a broader portfolio of chemicals utilized across sectors such as energy, materials, packaging and manufacturing. Many of these sectors continue to rely on fossil-based feedstocks and face rising pressure to decrease releases.

to the Adani Group, the initiative marks a strategic entry into the chemicals sector, building on its strengths in renewable energy and infrastructure while expanding its portfolio of future-ready businesses.

The partnership also reflects growing India-Europe collaboration in clean technologies. As global supply chains increasingly develop greater sustainable substitutes, India is emerging as a preferred destination to cutting-edge manufacturing, supported by its scale, manufacturing capabilities and abundant renewable energy resources.

The initiative supports the twin national objectives of “Make in India” and Viksit Bharat 2047 by promoting methodology-led development, strengthening domestic manufacturing capabilities and accelerating India's transition to a greater competitive and sustainable economy.

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