Definition of Processing loss

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TeachMeFinance.com - explain Processing loss



Processing loss

The term 'Processing loss' as it applies to the area of energy can be defined as ' The volumetric amount by which total refinery output is less than input for a given period of time. This difference is due to the processing of crude oil into products which, in total, have a higher specific gravity than the crudeoil processed'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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