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Weekly Analysis of Phenol/Acetone Capacity Utilization in China (September 18–24, 2026)

Published on 2026-09-24

I. Qualitative Analysis of Phenol-Acetone Capacity Utilization Rate Trends

During the week of September 18–24, 2026, the weekly average capacity utilization rate for Chinese phenol-acetone enterprises was approximately 81%, representing a quarter-on-quarter increase. This period saw the restart of Fuyu Petrochemical’s phenol-acetone unit.

Data Source: Chempricehub Information

II. Overview of Phenol-Acetone Capacity Utilization Rates

Table: Operational Status of Domestic Phenol-Acetone Units (Unit: 10,000 tons/year)

Enterprise Name Phenol-Acetone Capacity Operating Rate
Zhejiang Petrochemical (Phase I) 65 100%
Zhejiang Petrochemical (Phase II) 65 100%
Formosa Plastics (Ningbo) 63 65%
Meriv Chemical (Shanghai) 56 80%
Changchun Chemical (Jiangsu) 48 70%
Shenghong Refining & Chemical 65 90%
Jiangsu Ruiheng 65 90%
Zhenhai Refining & Chemical 65 90%
Gao Hua Materials 40 90%
Yangzhou Shiyou 32 90%
Sino-Saudi Tianjin 35 85%
Wanhua Chemical 78 0%
Lihua Yiweiyuan 70 100%
Qingdao Haiwan 32 100%
Fuyu Chemical 25 60%
Hengli Petrochemical 65 100%
Longjiang Chemical 35 100%
Jilin Petrochemical 35 100%
Bluestar Harbin 15 100%
Huizhou Zhongxin (Phase I) 30 0%
Huizhou Zhongxin (Phase II) 45 100%
CNOOC Shell 35 0%
Guangxi Huayi 28 100%

Data Source: Chempricehub Information

III. Forecast Analysis of Phenol-Acetone Capacity Utilization Rate Trends

The domestic phenol-acetone enterprise capacity utilization rate is expected to rise in the next period. Attention should be paid to developments regarding the restart of Wanhua Chemical’s phenol-acetone unit.

Sample Description: The capacity utilization rates reported by Chempricehub Information are based on primary statistical data. The sample covers all production enterprises with a 100% coverage rate.

Term Definition: Capacity Utilization Rate refers to the extent to which an enterprise’s production 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 statistics provided by Chempricehub Information refer to the total industry capacity utilization rate for phenol and acetone, specifically defined as the ratio of weekly production volume to designed capacity within the Chinese phenol-acetone industry.

Statistical Scope: The weekly capacity utilization rate covers the period from Friday of the previous week to Thursday of the current week. Data is released every Thursday at 17:00.

Comments

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  • Hannah Berg 2026-09-24 20:13
    Saw phenol-acetone capacity utilization hit 81% with Fuyu’s restart. High rates boost supply, but Wanhua’s idle status keeps margins tight. Downstream demand must absorb this output to prevent price erosion as we head ..
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