I. Qualitative Analysis of Phenol/Acetone Capacity Utilization Trends
During the week (October 23–29, 2026), the weekly average capacity utilization rate for Chinese phenol/acetone enterprises remained around 73%, a decrease from the previous period. This week, the phenol/acetone units at Yangzhou Shiyou and Qingdao Haiwan restarted, while one unit at Lihua Yi Weiyuan was shut down.
Data Source: Chempricehub Information
II. Overview of Phenol/Acetone Capacity Utilization
Table: Operational Status of Domestic Phenol/Acetone Units (Unit: 10,000 tons/year)
| Enterprise Name | Phenol/Acetone Capacity | Operating Rate |
|---|---|---|
| Zhejiang Petrochemical (Phase I) | 65 | 70% |
| Zhejiang Petrochemical (Phase II) | 65 | 70% |
| Formosa Plastics Corp. (Ningbo) | 63 | 60% |
| Meiwu Chemical (Shanghai) | 56 | 80% |
| Changchun Chemical (Jiangsu) | 48 | 70% |
| Shenghong Refining & Chemical | 65 | 100% |
| Jiangsu Ruiheng | 65 | 80% |
| Zhenhai Refining & Chemical | 65 | 80% |
| Gaohua Materials | 40 | 80% |
| Yangzhou Shiyou | 32 | 90% |
| Zhongsha (Tianjin) Petrochemical | 35 | 0% |
| Wanhua Chemical | 78 | 90% |
| Lihua Yi Weiyuan | 70 | 50% |
| Qingdao Haiwan | 32 | 100% |
| Fuyu Petrochemical | 25 | 0% |
| Hengli Petrochemical | 65 | 100% |
| Longjiang Chemical | 35 | 100% |
| Jilin Petrochemical | 35 | 95% |
| Bluestar Harbin | 15 | 100% |
| Huizhou Zhongxin (Phase I) | 30 | 0% |
| Huizhou Zhongxin (Phase II) | 45 | 80% |
| CNOOC Shell | 35 | 0% |
| Guangxi Huayi | 28 | 100% |
Data Source: Chempricehub Information
III. Forecast of Phenol/Acetone Capacity Utilization Trends
The domestic phenol/acetone capacity utilization rate is expected to increase in the next period. Market attention should focus on the operational status of the phenol/acetone unit at Zhongsha (Tianjin) Petrochemical.
Sample Description: The capacity utilization rates provided by Chempricehub are based on primary statistical data. The sample covers all production enterprises, with a sample coverage rate of 100%.
Term Definition: Capacity Utilization Rate refers to the degree to which an enterprise's capacity is utilized. It is generally calculated as the ratio of product output or raw material processing volume to effective capacity. The China capacity utilization rate reported by Chempricehub refers to the total industry capacity utilization rate for phenol/acetone, defined as the ratio of the weekly production volume to the designed capacity within the Chinese phenol/acetone industry.
Statistical Scope: The weekly capacity utilization statistics cover the period from Friday of the previous week to Thursday of the current week. Data is released every Thursday afternoon at 17:00.
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