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  2. Glossary of chemistry terms - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_chemistry_terms

    Also acid ionization constant or acidity constant. A quantitative measure of the strength of an acid in solution expressed as an equilibrium constant for a chemical dissociation reaction in the context of acid-base reactions. It is often given as its base-10 cologarithm, p K a. acid–base extraction A chemical reaction in which chemical species are separated from other acids and bases. acid ...

  3. Goods and services - Wikipedia

    en.wikipedia.org/wiki/Goods_and_services

    For example, a restaurant provides a physical good (prepared food), but also provides services in the form of ambience, the setting and clearing of the table, etc. Although some utilities, such as electricity and communications service providers, exclusively provide services, other utilities deliver physical goods, such as water utilities.

  4. Commodity chemicals - Wikipedia

    en.wikipedia.org/wiki/Commodity_chemicals

    There have been several studies of the scale and complexity of this market for example in the USA. [1] [2] Commodity chemicals are a sub-sector of the chemical industry (other sub sectors are fine chemicals, specialty chemicals, inorganic chemicals, petrochemicals, pharmaceuticals, renewable energy (e.g. biofuels) and materials (e.g ...

  5. Speciality chemicals - Wikipedia

    en.wikipedia.org/wiki/Speciality_chemicals

    The emergence of India as a manufacturer and supplier of speciality chemicals has had a major impact on the Global speciality chemical industry. In India the many speciality chemical companies are members of national organisations such as the Indian Chemical Council (ICC) and the Indian Speciality Chemical Manufacturers' Association (ISCMA).

  6. By-product - Wikipedia

    en.wikipedia.org/wiki/By-product

    A by-product can be useful and marketable or it can be considered waste: for example, bran, which is a byproduct of the milling of wheat into refined flour, is sometimes composted or burned for disposal, but in other cases, it can be used as a nutritious ingredient in human food or animal feed.

  7. Raw material - Wikipedia

    en.wikipedia.org/wiki/Raw_material

    Sulfur at harbor in North Vancouver, British Columbia, ready to be loaded onto a ship Latex being collected from a tapped rubber tree. A raw material, also known as a feedstock, unprocessed material, or primary commodity, is a basic material that is used to produce goods, finished goods, energy, or intermediate materials that are feedstock for future finished products.

  8. Resource - Wikipedia

    en.wikipedia.org/wiki/Resource

    In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. [6] A typical example is the machinery used in a factory. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a ...

  9. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...