I. Qualitative Analysis of Phenol/Acetone Capacity Utilization Trends
During the current week (November 6–12, 2026), the average weekly capacity utilization rate for phenol/acetone producers in China remained around 82%, representing an increase compared to the previous period. This rise was driven by the restart of the phenol/acetone unit at Lihua Yiweiyuan, which had been shut down, along with slight load increases at certain other units.
Data source: Chempricehub Information
II. Overview of Phenol/Acetone Capacity Utilization
Table: Operational Status of Domestic Phenol/Acetone Units (Unit: 10,000 tons/year)
| Company Name | Phenol/Acetone Capacity | Operating Rate |
|---|---|---|
| Zhejiang Petrochemical (Phase I) | 65 | 100% |
| Zhejiang Petrochemical (Phase II) | 65 | 100% |
| Formosa Plastics Ningbo | 63 | 60% |
| Meiwu Chemical (Shanghai) | 56 | 80% |
| Changchun Chemical (Jiangsu) | 48 | 70% |
| Shenghong Refining & Chemical | 65 | 95% |
| Jiangsu Ruiheng | 65 | 80% |
| Zhenhai Refining & Chemical | 65 | 90% |
| Gao Hua Materials | 40 | 65% |
| Yangzhou Shiyou | 32 | 90% |
| Zhongsha (Tianjin) Petrochemical | 35 | 80% |
| Wanhua Chemical | 78 | 90% |
| Lihua Yiweiyuan | 70 | 100% |
| 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 Analysis of Phenol/Acetone Capacity Utilization Trends
It is expected that the capacity utilization rate of domestic phenol/acetone producers will increase slightly in the next period. Overall operational fluctuations among domestic phenol/acetone units are anticipated to remain limited, primarily influenced by the operating cycles of restarted units and those increasing their loads.
Sample Description: The capacity utilization data provided by Chempricehub Information is based on primary statistical data. The sample covers all producing enterprises, with a sample coverage rate of 100%.
Definition: Capacity utilization refers to the degree to which an enterprise's production capacity is used. 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 Information refers to the total industry-wide capacity utilization for phenol/acetone, defined as the ratio of weekly production volume to designed capacity within the Chinese phenol/acetone industry.
Statistical Scope: The weekly capacity utilization statistics cover the period from the Friday of the previous week to the Thursday of the current week. Data is released every Thursday afternoon at 17:00.
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