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Weekly Data Analysis of China's Phenol and Acetone Capacity Utilization (September 4–10, 2026)

Published on 2026-09-10

I. Qualitative Analysis of Phenol-Acetone Capacity Utilization Trend

This week (September 4-10, 2026), the average weekly capacity utilization rate of Chinese phenol-acetone enterprises was around 75%, little changed from the previous period. During this period, Huizhou Zhongxin's phenol-acetone unit resumed operation after a brief shutdown, and Moiwei Chemical (Shanghai)'s phenol-acetone unit restarted.

Data source: Chempricehub Information

II. Overview of Phenol-Acetone Capacity Utilization

Table: Operating Dynamics 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) 65 100%
Formosa Chemicals & Fibre (Ningbo) 63 65%
Moiwei Chemical (Shanghai) 56 60%
Chang Chun Chemical (Jiangsu) 48 60%
Shenghong Refining & Chemical 65 90%
Jiangsu Ruiheng 65 90%
Zhenhai Refining & Chemical 65 90%
Gaohua Materials 40 90%
Yangzhou Shiyou 32 60%
Sinopec SABIC 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 60%
CNOOC and Shell 35 0%
Guangxi Huayi 28 100%
Data source: Chempricehub Information

III. Forecast and Analysis of Phenol-Acetone Capacity Utilization Trend

It is expected that the capacity utilization rate of domestic phenol-acetone enterprises will increase in the next period. Pay attention to the progress of load increases at the phenol-acetone units of Huizhou Zhongxin (Phase II) and Moiwei Chemical (Shanghai).

Sample Description: The capacity utilization rate from Chempricehub Information is first-hand statistical data. The sample covers all production enterprises, with 100% sample coverage.

Terminology: Capacity utilization rate: refers to the degree of utilization of an enterprise's capacity, generally calculated as the ratio of product output or raw material processing volume to effective capacity. The China capacity utilization rate compiled by Chempricehub Information refers to the total capacity utilization rate of the phenol-acetone industry, i.e., the ratio of China's weekly phenol-acetone industry output to designed capacity.

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

Comments

0
  • Wei Zhang 2026-09-10 20:16
    Phenol-acetone capacity utilization near 75% keeps supply balanced, but Wanhua's zero rate and restarts at Moiwei/Huizhou Zhongxin may add downstream demand uncertainty. I expect margin pressure if feedstock cost rises.
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