Adani Enterprises Share Price in Focus; Partners with France's Dioxycle for Low-Carbon Chemicals

Adani Enterprises has entered into a long-term partnership with French clean-technology company Dioxycle to develop and scale low-carbon chemical production in India, as per Reuters report. 

The collaboration marks the Adani Group's entry into the low-carbon chemicals sector and is aimed at advancing cleaner industrial manufacturing. 

Pilot Plant to Produce Formic Acid 

As per the report, under the partnership, the companies will establish a pilot plant to manufacture formic acid. 

The facility will use renewable energy and captured carbon dioxide (CO₂) to produce the chemical, demonstrating a low-carbon production process. Following the pilot phase, the partners plan to expand to commercial-scale manufacturing. 

Wider Low-Carbon Chemical Plans 

Beyond formic acid, Adani Enterprises and Dioxycle will jointly explore the production of other emissions-reducing chemicals used across multiple industries.

The collaboration is intended to broaden the application of low-carbon chemical technologies and support cleaner industrial processes. 

Focus on Carbon Utilisation 

The partnership seeks to demonstrate how captured carbon emissions can be converted into valuable chemical products using clean energy.

Formic acid and its derivatives are widely used in industries such as textiles, agriculture and manufacturing, making it an important industrial chemical with diverse applications. 

Read More: Adani Enterprises Share Price in Focus; Raises ₹15,000 Crore Through QIP Equity Share Allocation! 

Adani Enterprises Share Price Performance  

As of 09 July 2026, at 10:58 AM, Adani Enterprises Ltd share price was trading at ₹3,053.10 per share, reflecting a surge of 0.20% from the previous trading session. 

Conclusion 

The partnership marks Adani Enterprises entry into the low-carbon chemicals business through a collaboration with Dioxycle. Beginning with a pilot formic acid plant, the companies plan to scale production and explore additional low-carbon chemicals using renewable energy and captured carbon dioxide. 

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