HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Adani Enterprises partners with Dioxycle to advance low-carbon chemical manufacturing
Jul-10-2026

Adani Enterprises and Dioxycle, a French clean-technology company specialising in chemical manufacturing, have entered into 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 produce formic acid using captured carbon dioxide and renewable electricity. Following successful validation, the partners plan to scale the technology for commercial manufacturing.

Formic acid and its derivatives are widely used across industries including textiles, agriculture and manufacturing. The project aims to demonstrate how captured carbon emissions can be converted into valuable products using clean energy. The partnership combines Dioxycle's electrically driven chemical manufacturing technology with Adani Group's clean-energy capabilities, infrastructure platform and project execution expertise to create a new model for sustainable and cost-competitive chemical production.

For 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.

Adani Enterprises (AEL), the flagship company of the Adani Group, is in the business of integrated resources management, mining services and other trading activities. The company operates as an incubator, establishing new businesses in various areas like new energy ecosystem, data center, airports, roads, copper, digital space and others.

  RELATED NEWS >>