What does refining industry mean?
Definitions for refining industry
re·fin·ing in·dus·t·ry
This dictionary definitions page includes all the possible meanings, example usage and translations of the word refining industry.
Princeton's WordNet
oil industry, refining industry, oil businessnoun
an industry that produces and delivers oil and oil products
ChatGPT
refining industry
The refining industry refers to a sector encompassing businesses involved in the transformation of raw materials into marketable, often purified, products through various techniques and procedures. This industry is typically associated with processes such as oil and petrol refining, metal refining, sugar refining, and other similar activities. These industries filter out impurities from raw materials to produce goods which are suitable for commercial or industrial use.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of refining industry in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of refining industry in Pythagorean Numerology is: 5
Examples of refining industry in a Sentence
The RIN prices have been relatively low and relatively calm since last spring so that would tell me that there should be less economic harm in the refining industry right now than there was a year ago, there's more than just the price of RINs for economic harm but just by that factor alone, I'd think maybe there would be fewer refinery exemptions because of that.
If these tariffs take hold, particularly if they're able to get up to 25%, that could really impact the overall competitiveness of the U.S. refining industry.
The market was led up by a significant draw in crude oil as the refining industry continues to turn the crude oil surplus into refined products.
The Board has concluded that refining margins are expected to remain depressed due to overcapacity in the global refining industry.
The companies' activities are largely complementary and they are generally not active at the same level of the supply chain. However, both parties are present in the business for specialty chemicals for the mining and refining industry.
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"refining industry." Definitions.net. STANDS4 LLC, 2024. Web. 18 Dec. 2024. <https://www.definitions.net/definition/refining+industry>.
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