Post by Dioxycle
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๐ช๐ฒ ๐ฎ๐ฟ๐ฒ ๐ฝ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐ถ๐ป๐ด ๐๐ถ๐๐ต Adani Group ๐๐ผ ๐ฏ๐ฟ๐ถ๐ป๐ด ๐ฐ๐น๐ฒ๐ฎ๐ป ๐ฐ๐ต๐ฒ๐บ๐ถ๐ฐ๐ฎ๐น ๐บ๐ฎ๐ป๐๐ณ๐ฎ๐ฐ๐๐๐ฟ๐ถ๐ป๐ด ๐๐ผ ๐๐ป๐ฑ๐ถ๐ฎ ๐ฎ๐ป๐ฑ ๐๐ต๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐๐ ๐ฐ๐ฎ๐ฟ๐ฒ. Today we are thrilled to announce a long-term partnership with the Adani Group, India's largest private infrastructure and industrial conglomerate, to develop and scale cost-competitive, low-carbon chemical production in India. The initiative will begin with a pilot facility producing formic acid from captured COโ and renewable electricity, at an Adani site, followed by a phased scale-up to commercial manufacturing.ย Beyond formic acid, we will explore a broader portfolio of critical chemicals for industries under growing pressure to strengthen domestic supply chains and cut emissions. Made in India. This partnership reflects a shared ambition to make essential chemicals cleaner, cheaper, and at scale, and is one more example of a growing India-Europe collaboration in clean technologies. As Jeet Adani puts it: "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." Thank you for your trust, Adani! We look forward to expanding to India! Link to the full press release in comments below. https://lnkd.in/ewAxZ7pQ