I. Qualitative Analysis of Phenol and Acetone Capacity Utilization Trends
During the week of October 16–22, 2026, the average weekly capacity utilization rate for phenol and acetone producers in China hovered around 76%, representing a decline from the previous period (October 9–15, 2026). In this reporting period, Guangxi Huayi’s phenol and acetone unit resumed operations, while units at Qingdao Haiwan, Zhongsha Petrochemical (Tianjin), and Fuyu Petrochemical underwent planned shutdowns.
Data Source: Chempricehub Information
II. Overview of Phenol and Acetone Capacity Utilization
Table: Domestic Phenol and Acetone Plant Operational Status (Unit: 10,000 tons/year)
| Company Name | Phenol/Acetone Capacity | Operating Rate |
|---|---|---|
| Zhejiang Petrochemical (Phase I) | 65 | 75% |
| Zhejiang Petrochemical (Phase II) | 65 | 75% |
| Formosa Plastics Corp. (Ningbo) | 63 | 65% |
| Meiyiwei 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 | 0% |
| Zhongsha Petrochemical (Tianjin) | 35 | 0% |
| Wanhua Chemical | 78 | 90% |
| Lihua Yi Weiyuan | 70 | 100% |
| Qingdao Haiwan | 32 | 0% |
| 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 | 60% |
Data Source: Chempricehub Information
III. Forecast of Phenol and Acetone Capacity Utilization Trends
The capacity utilization rate for domestic phenol and acetone producers is expected to increase in the next period. Market attention should be focused on operational updates regarding the phenol and acetone units at Yangzhou Shiyou, Qingdao Haiwan, Zhongsha Petrochemical (Tianjin), and Fuyu Petrochemical.
Sample Description: The capacity utilization data provided by Chempricehub Information is based on primary statistical collection. The sample covers all production enterprises, achieving a 100% coverage rate.
Definition of Terms: Capacity Utilization Rate refers to the degree 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 Chinese capacity utilization rate reported by Chempricehub Information refers to the overall industry-wide utilization rate for phenol and acetone, defined as the ratio of weekly industry output to designed capacity.
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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