upstream industries
Definition
Industrial firms that process the basic or raw material into an intermediary product which is converted into finished product by the downstream industries. For example, petroleum processors who refine crude oil into intermediary chemicals which are converted into plastics by other industries, and farmers or growers whose produce is used by agro-processors.
Popular 'Economics, Politics, & Society' Terms
upstream industries in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/upstream-industries.html







