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.
email to a friend
print this definition
cite this definition
link to this page
upstream industries is in the Economics, Politics, & Society subject.
This content can be found on the following page:
http://www.businessdictionary.com/definition/upstream-industries.html