I. Qualitative Analysis of Phenol/Acetone Capacity Utilization Rate Trends
During the week (October 30–November 5, 2026), the average weekly capacity utilization rate for Chinese phenol/acetone enterprises hovered around 77%, representing a period-over-period increase. Notably, the phenol/acetone unit at Sinopec-SABIC Tianjin Petrochemical restarted operations this period.
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 | 70% |
| Zhejiang Petrochemical (Phase II) | 65 | 70% |
| Formosa Plastics Ningbo | 63 | 60% |
| Meriv Chemical (Shanghai) | 56 | 80% |
| Changchun Chemical (Jiangsu) | 48 | 70% |
| Shenghong Refining & Chemical | 65 | 95% |
| Jiangsu Ruiheng | 65 | 80% |
| Zhenhai Refining & Chemical | 65 | 80% |
| Gaohua Materials | 40 | 65% |
| Yangzhou Shiyou | 32 | 90% |
| Sinopec-SABIC Tianjin Petrochemical | 35 | 80% |
| Wanhua Chemical | 78 | 90% |
| Lihua Yiweiyuan | 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 Analysis of Phenol/Acetone Capacity Utilization Rate Trends
The domestic phenol/acetone enterprise capacity utilization rate is expected to rise in the coming period. Attention should be paid to the subsequent operational status of idle phenol/acetone units in Shandong Province.
Sample Description: The capacity utilization rates provided by Chempricehub Information are based on primary statistical data. The sample covers all production enterprises, achieving a 100% sample coverage rate.
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 Information refers to the overall industry utilization rate for phenol/acetone, defined as the ratio of weekly output 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 statistics are released every Thursday afternoon at 17:00.
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