Adani Enterprises, France's Dioxycle partner on low-carbon chemicals in India
Adani Enterprises, France's Dioxycle partner on low-carbon chemicals in India July 9 (Reuters) - India's Adani Enterprises ADEL.NS 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.
(Reporting by Mridula Kumar in Bengaluru; Editing by Sherry Jacob-Phillips)
((mridula.kumar@thomsonreuters.com))
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