SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Adani Enterprises partners with Dioxycle to advance low-carbon chemical manufacturing

10 Jul 2026 Evaluate

Adani Enterprises and Dioxycle, a French clean-technology company specialising in chemical manufacturing, have entered into a long-term partnership to develop and scale low-carbon chemical production in India. The initiative will begin with a pilot facility at an Adani Group’s site to produce formic acid using captured carbon dioxide and renewable electricity. Following successful validation, the partners plan to scale the technology for commercial manufacturing.

Formic acid and its derivatives are widely used across industries including textiles, agriculture and manufacturing. The project aims to demonstrate how captured carbon emissions can be converted into valuable products using clean energy. The partnership combines Dioxycle's electrically driven chemical manufacturing technology with Adani Group's clean-energy capabilities, infrastructure platform and project execution expertise to create a new model for sustainable and cost-competitive chemical production.

For the Adani Group, the initiative marks a strategic entry into the chemicals sector, building on its strengths in renewable energy and infrastructure while expanding its portfolio of future-ready businesses.

Adani Enterprises (AEL), the flagship company of the Adani Group, is in the business of integrated resources management, mining services and other trading activities. The company operates as an incubator, establishing new businesses in various areas like new energy ecosystem, data center, airports, roads, copper, digital space and others.

Adani Enterprises Share Price

3027.15 16.70 (0.55%)
24-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 259.10
Amrapali Industries 33.31
Adani Enterprises 3027.15
Rashi Peripheral 780.30
PDS 351.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: