New Delhi, July 10 -- Adani Enterprise Ltd (AEL) and Dioxycle, a French tech-based organisation, on Friday announced a long-term partnership to develop and scale low-carbon chemical production in India.

As per the official statement, this initiative will begin with a pilot facility at Adani's Group site to produce formic acid using captured carbon dioxide and renewable electricity.

Formic acid and its derivatives are widely used across industries such as textile, agriculture and manufacturing. This joint project aims to demonstrate how captured carbon emissions can be converted into valuable products using clean energy.

This partnership will also combine Dioxycle's electrically driven chemical manufacturing technology with Adani Group's ...