Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, entered into a long-term partnership with Dioxycle to develop and scale low-carbon chemical production in India. The collaboration marks a significant step toward creating a sustainable chemical manufacturing ecosystem that combines captured carbon dioxide, renewable electricity and advanced clean-technology processes.
Pilot Plant to Produce Renewable Formic Acid
The partnership will begin with a pilot facility at an Adani Group site that will manufacture formic acid using captured carbon dioxide and renewable electricity. Once the pilot successfully validates the technology, both companies plan to scale up the process for commercial production. Formic acid and its derivatives are widely used in textiles, agriculture, leather processing, industrial manufacturing, and chemical synthesis. The project aims to demonstrate how captured carbon emissions can be converted into valuable industrial products through the use of clean energy.
Combining Clean Technology with Industrial Scale
The collaboration brings together Dioxycle’s electrically driven chemical manufacturing technology and the Adani Group’s strengths in renewable energy, infrastructure development and large-scale project execution. Together, the partners aim to create a cost-competitive and scalable model for sustainable chemical production that can support both domestic demand and future export opportunities.
Leadership Commentary
Jeet Adani, Director, Adani Group informed, “We are proud to pilot India’s first formic acid production facility powered entirely by renewable electricity and captured carbon. This partnership with Dioxycle demonstrates how strategic industrial synergies can transform carbon liabilities into sustainable, cost-effective economic assets.”
Dr. Sarah Lamaison, CEO and Co-Founder, Dioxycle added, “The partnership demonstrates how clean technology and industrial scale can come together to reshape the production of essential chemicals. India offers a unique combination of renewable energy, manufacturing capability and ambition.”
Expanding Beyond Formic Acid
In addition to formic acid, the companies will explore opportunities to develop a broader portfolio of low-carbon chemicals for sectors such as energy, materials, packaging, manufacturing and industrial processing. Many of these industries continue to depend heavily on fossil-based feedstocks and face increasing pressure to reduce carbon emissions.
Strategic Entry into the Chemicals Sector
For the Adani Group, the initiative represents a strategic entry into the chemicals business. The move builds on the group’s established presence in renewable energy and infrastructure while expanding its portfolio of future-ready industrial businesses. The partnership also highlights growing India-Europe collaboration in clean technologies. As per the press release, as global supply chains increasingly seek sustainable manufacturing alternatives, India is emerging as a preferred destination for advanced industrial production.
