I. Qualitative Analysis of Phenol/Acetone Capacity Utilization Rate Trends
This week (September 11–17, 2026), the average weekly capacity utilization rate for Chinese phenol/acetone producers stood at approximately 78%, reflecting a month-over-month increase compared to the previous period. No new maintenance shutdowns were reported this period. The phenol/acetone units at Huizhou Zhongxin (Phase II) and Moeiv Chemical (Shanghai) have resumed stable operations following their restart last week.
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% |
| Moeiv Chemical (Shanghai) | 56 | 80% |
| Changchun Chemical (Jiangsu) | 48 | 70% |
| Shenghong Refining & Chemical | 65 | 90% |
| Jiangsu Ruiheng | 65 | 90% |
| Zhenhai Refining & Chemical | 65 | 90% |
| Gaohua Materials | 40 | 90% |
| Yangzhou Shiyou | 32 | 80% |
| Sino-Saudi Tianjin | 35 | 85% |
| Wanhua Chemical | 78 | 0% |
| Lihuayi Weiyuan | 70 | 100% |
| Qingdao Haiwan | 32 | 100% |
| Fuyu Chemical | 25 | 0% |
| 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 | 70% |
| CNOOC Shell | 35 | 0% |
| Guangxi Huayi | 28 | 100% |
III. Trend Forecast for Phenol/Acetone Capacity Utilization Rates
The domestic phenol/acetone industry's capacity utilization rate is expected to rise in the next period. Key factors to monitor include the restart dynamics of the phenol/acetone units at Shandong Fuyu Petrochemical and Wanhua Chemical.
Sample Description: The capacity utilization rates provided by Chempricehub are based on primary statistical data. The sample covers all producing enterprises with a 100% coverage rate.
Definition: Capacity Utilization Rate refers to the extent to which an enterprise's production capacity is utilized, typically calculated as the ratio of product output or raw material processing volume to effective capacity. The China capacity utilization rate tracked by Chempricehub refers to the total industry-wide utilization rate for phenol/acetone, defined as the ratio of weekly output to designed capacity within the Chinese phenol/acetone sector.
Statistical Scope: The weekly capacity utilization rate covers the period from Friday of the preceding week through Thursday of the current week. Data statistics are published every Thursday afternoon at 17:00.
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