India's Adani Enterprises and French clean-technology firm Dioxycle said on Thursday they have formed a long-term partnership to develop and scale low-carbon chemical production in India, marking the Adani Group's entry into the sector.Here are some key details:* The collaboration will initially focus on a pilot plant producing formic acid using renewable energy and captured carbon dioxide, with plans to expand to commercial-scale manufacturing.* Adani Enterprises and Dioxycle will also explore the production of other emissions-reducing chemicals used across a range of industries, the companies said in a statement.* Formic acid and its derivatives are widely used across industries including textiles, agriculture and manufacturing.* The partnership aims to demonstrate how captured carbon emissions can be converted into valuable products using clean energy.
Adani Enterprises, France's Dioxycle partner on low-carbon chemicals in India
Adani Enterprises and Dioxycle have formed a long-term partnership for chemical production. This collaboration marks Adani Group's entry into the low-carbon chemical sector. Initially, a pilot plant will produce formic acid using renewable energy sources. The companies will also explore other emissions-reducing chemical production opportunities. This venture aims to convert captured carbon emissions into valuable products.
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