You are probably correct that the refining process may have changed from what it used to be. My experience in using acetone as a cleaner dates back to the late 1970s when I worked for a paint company and used a variety of cleaners and degreasers.
I probably remembered incorrectly, but I thought acetone was a petroleum-based product, however I find out it is an organic compound. I also did some googling on using acetone as a cleaner as compared to alcohol.
I found a couple of things that might be pertinent.
1 – Acetone is a solvent, it can actually dissolve things like certain plastics or nail polish one of the most common household uses of acetone. Alcohol the other hand does not have the solvent properties of acetone and cannot dissolve plastic or nail polish.
2 – A chemistry site said that it may appear that acetone leaves a residue on a service that it cleans, not because the acetone leaves a residue, but because the acetone dissolves some of the surface or contaminants on the surface and those are what leave the residue.
That is stretching my chemistry since I haven't had a chemistry class in over 50 years, but it kind of made sense to me.
I could see where acetone might be problematic if I used it to clean certain plastic handles, bone or certain woods. I can see where acetone could dissolve some chemicals in the plastics or wood that when have a detrimental effect on the adhesive quality of the glue one might use.
That to me, would be the main reason I would choose alcohol over acetone, based on this new (to me) information. That and the smell of acetone gives me a headache. What I do like about working with alcohol is that alcohol will bond with water and dry parts out quickly. Also from a safety standpoint; should you ever have a fire while using a cleaner, alcohol can be extinguished with water, I don't think acetone has that same quality, but I'm not positive.
I think as long as a person is very careful to abrade the surface, when appropriate and clean them well, whether with alcohol or acetone, they should have a very low failure rate of their adhesives. Paint thinner and lacquer thinner are petroleum-based products that do leave a film on surfaces when used as cleaners.
ADDENDUM
I appreciate the challenge that of researching the 'why' behind the reason I don't use acetone to clean knife handles before a glue up. It's good to go back in a rethink or justify the reasons why you do things a certain way especially when that way is based on information or experience that is decades old.
I learned several useful things in this, I didn't know that acetone does dissolve certain plastics, obviously something you need to be wary of. I also learned that the acetone these days doesn't leave any residue, which is quite different than my experience using it in the 1970s.
It's amazing how much a person can learn on AAPK from the other members!
Thanks for your post OC. It caused me to reevaluate and tweak if not change some long-held beliefs.
