This month, China's propylene oxide (PO) production reached 545,000 tons, an increase of 45,200 tons from the previous month (+9.04%). Year-on-year growth was also recorded at +9.04%. Industry margins have shown some recovery compared to earlier periods. During the month, plant load rates gradually increased, leading to a significant rise in output and improved capacity utilization, which rose by 7.64 percentage points compared to August.
| Figure: Monthly PO Production and Capacity Utilization Trend (2025–2026) |
|---|
| Source: Chempricehub |
Comparison Table of Monthly PO Production and Operating Rates by Enterprise
Unit: 10,000 tons, %, percentage points
| Metric | Current Period | Previous Period | Change | % Change |
|---|---|---|---|---|
| Domestic Production | 54.5 | 49.98 | 4.52 | 9.04% |
| Capacity Utilization Rate | 67.89% | 60.25% | 7.64% | - |
Source: Chempricehub
Sample Description: Data collected from 32 domestic PO enterprises, covering 100% of the sample scope.
Definitions:
Statistical Scope: The statistical period covers calendar months, with publication occurring within the last three working days of each month.
| Region | Enterprise Name | Capacity (10,000 tons/year) | Plant Status |
|---|---|---|---|
| Northeast | Hangjin Technology | 12 | Normal full-load operation |
| North China | Tianjin Bohua | 20 | Operating at ~70% load |
| Tianjin Petrochemical | 15 | Operating at ~70% load | |
| Shandong | Shandong Binhua | 28 | Overall operating at 80-90% load |
| Shandong Xinyue | 38 | Restarted this week; load increasing gradually | |
| Shida Shenghua | 7 | Normal full-load operation | |
| Wanhua Chemical | 134 | Phases I, II, and III running at full load; Phase IV at ~60% load | |
| Shandong Jinling | 16 | Normal full-load operation | |
| Shandong Sanyue | 32 | Operating at slightly reduced load | |
| Dongying Huatai | 8 | Normal full-load operation | |
| CNOOC Fine Chemicals | 8 | Restarted; currently operating at ~70% load | |
| Shandong Daze | 10 | Shut down; restart date TBD | |
| Qixiang Tengda | 30 | Shut down since Aug 7, 2024; restart plan temporarily postponed | |
| Jincheng Petrochemical | 30 | Shut down since Jul 17, 2023; restart date TBD | |
| Lihua Yiweiyuan | 30 | Operating at 80-90% load | |
| Binhua New Materials | 24 | Operating at ~80-90% load | |
| East China | Jinling Huntsman | 24 | Normal full-load operation |
| Ningbo Hai'an | 57 | Phases I and II running at full load | |
| Hongbaoli | 12 | Shut down; restart date TBD | |
| Jiangsu Fuqiang | 10 | Shut down; restart date TBD | |
| Taixing Yida | 15 | Shut down since late Dec 2024; restart date TBD | |
| Jiahong New Materials | 40 | Shut down; restart date TBD | |
| Zhejiang Petrochemical | 27 | Operating at ~70% load | |
| Ruiheng New Materials | 40 | Operating at ~80-90% load | |
| Shenghong Petrochemical | 20 | Operating at ~80% load | |
| South China | CNOOC Shell | 59 | Normal full-load operation |
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