Adani and Dioxycle to Build India's First Pilot Plant for Green Formic Acid
Adani Enterprises Ltd has announced a partnership with French clean-technology company Dioxycle to develop low-carbon chemical manufacturing in India. The collaboration will begin with a pilot plant to produce formic acid using captured carbon dioxide and renewable electricity, the companies stated on Friday.
The pilot plant will be located at an Adani Group site. Its purpose is to demonstrate how captured carbon emissions can be converted into industrial chemicals using renewable power. If the pilot is successfully validated, the partners plan to scale up the technology for commercial production.
Formic acid is used across industries including textiles, agriculture, and manufacturing. The partnership marks Adani Group's entry into low-carbon chemicals, expanding beyond its existing renewable energy and infrastructure businesses.
The companies also plan to explore producing other industrial chemicals used in sectors such as energy, materials, packaging, and manufacturing. Many of these processes currently rely on fossil fuel-based feedstocks.
Jeet Adani, Director at Adani Group, said: '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 industrial synergies can turn carbon liabilities into sustainable, cost-effective economic assets.'
Dioxycle's technology uses electricity and captured carbon dioxide instead of fossil fuels to manufacture chemicals, aiming to lower emissions and reduce dependence on conventional production processes.
Sarah Lamaison, Chief Executive Officer and co-founder of Dioxycle, said: 'This partnership demonstrates how clean technology and industrial 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 for low-carbon chemical production.'
The companies noted that the collaboration reflects growing India-Europe cooperation in clean technologies as manufacturers seek lower-carbon supply chains.
