ACETONE MARKET ANALYSIS

Leading Companies

Key players in Global Acetone Market

• Key players operating in the global acetone market include INEOS Phenol, Royal Dutch Shell PLC, The Dow Chemical Company, Mitsui Chemicals, Inc., Sasol, Hindustan Organic Chemicals Limited, Domo Chemicals, Honeywell International, Inc., Formosa Chemicals and Fiber Corporation, and CEPSA Quimica, Prasol Chemicals Pvt. Ltd., and EMCO Limited.
• Manufacturers are expanding the production capacities as well as introducing the new plants as a part of a strategic planning. For instance, a Joint venture between INEOS Phenol and Sinopec Yangzi Petrochemical Company (Sinopec YPC) announced in September 2013, that the new Joint Venture partners will benefit from Sinopec’s local feedstock advantages and cumene technology alongside INEOS’ proprietary phenol technology. The annual capacity of the new facility would be at least 400,000 tons of phenol and 250,000 tons of acetone.