refining industry
1
4.2
- noun
- /rɪˈfaɪnɪŋ ˈɪndəstri/
- Specialized
:
industria de refinación
- The IEA, in its latest medium-term outlook, believes the world oil map will be deeply transformed over the next five years as regional shifts in demand and new sources of supply growth continue to reshape the global refining industry and as crude trade becomes increasingly split between the Western Hemisphere and the rest of the world.
- petroleum refining industry
Examples
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The US refining industry has excess capacity even as it continues to import refined products from abroad.
Blog text (30) -
The presence of these corporations and their level of vertical integration with the oligopolistic U.S. sugar-refining industry are not in question.
Academic text (2002) -
Prior contributions in mechanical and environmental engineering were in the chemical and oil refining industries.
Academic text (2001) -
Many of the large industrial customers served by HL&P are involved in chemicals, petrochemicals, or petroleum-refining industries.
Academic text (1990) -
The entertainment and the petroleum refining industries stand out from the others, particularly with regard to numbers of firm-specific SAIs.
Academic text (2002) -
But his core problem still remained: his main customer was still Russia or Russian client-states of the Commonwealth of Independent States, and their oil refining industry was one of the worst in the world, hopelessly outdated and inefficient.
Fiction book (2002) -
The 55-year-old Karanure's heirlooms will add to a booming recycling trade, which could account for up to half of India's consumption this year and boost a fledgling refining industry.
Blog text (20) -
The refining industry plays a crucial role in converting crude oil into gasoline and diesel for transportation.
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Many jobs depend on the refining industry, which processes raw oil into usable fuel products.
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Investment in the refining industry is essential for maintaining adequate fuel supplies for both consumers and businesses.
How Specialized
Surface Forms
Morphology
The meaning is directly compositional: 'refining' denotes the process of removing impurities and 'industry' denotes a sector, so a learner who knows both constituents can infer it refers to the sector that performs refining (commonly of oil or other materials). This follows the productive 'X industry' pattern found across languages and is therefore immediately understandable to a B1 learner.
Etymology
Refining industry comes from the words refining meaning 'making something pure' and industry meaning 'a group of factories'. Imagine factories that take dirty crude oil and clean it into gasoline, diesel and jet fuel, so refining industry means the businesses that turn crude oil into usable fuels.