AEL ties up with France’s Dioxycle to manufacture low-carbon chemicals

Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, and Dioxycle, a French clean-technology company specialising in chemical manufacturing, officially announced a long-term partnership on Friday to develop and scale up manufacturing of low-carbon chemicals 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. After the technology is successfully validated, the partners plan to scale up the technology for commercial manufacturing.

Advertisement

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.

Commenting on the development, Adani Group Director Jeet Adani 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”.

“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,” Co-Founder and CEO of Dioxycle Dr Sarah Lamaison said.

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

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.

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 more competitive and sustainable economy.