raw material


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

Raw material

Materials a manufacturer converts into a finished product.

raw material

The goods used in the manufacture of a product. For example, a furniture manufacturer is likely to have raw materials such as hardware, lumber, and metal tubing on hand. Raw material is carried as an inventory item in the current assets section of a firm's balance sheet.
References in periodicals archive ?
M2 PRESSWIRE-August 28, 2019-: Raw Material Requirements (Health Canada/USP/EP) in a cGMP Environment: Two Day Issues and Solutions Seminar (San Diego, CA, United States - October 3-4, 2019)
Lord added that Flint Group has secured the raw materials needed to meet customers' sheetfed ink demands.
In addition to exploring ways to utilise plastic waste as raw material, Neste is helping the plastics industry and various plastics-consuming companies to reduce their crude oil dependency and climate emissions by producing durable and recyclable renewable plastics from bio-based raw materials, such as waste fats and oils.
As mentioned above, the two key drivers of raw material prices are feedstock/oil prices and supply tightness.
It is unfortunate that the pharmaceutical industry is heavily dependent on imported raw material even after 68 years of creation of this country while our neighboring country had made it mandatory to the pharmaceutical industries to produce the raw material within the country within three years after that countries had got independence in 1947, while in Pakistan the pharma industry was exempted from this condition of producing the raw material within the country.
Quarter-on-year, the company sustained improvements but compared to last year, raw material prices remained high and supply of certain alternative lower-priced raw materials remained low, driving up production costs.
Sources said that initially, Pakistan Steel has decided to import some 40,000 tons of iron ore from Iran and two Letters of Credit (LCs) have been established to import raw material.
The EU has the world's largest share of trade in items covered by the raw material sector.
"Their dominant position in the market means that converters will not be able to recover their own raw material cost increases," he says.
Swedish pharmaceuticals and hygiene products group Hebi Health Care AB said on Monday (26 February) that its 54%-owned subsidiary Hebi Pharmaceutical Raw Material has agreed to acquire the assets of the Jordanian company Alnejma Bulk Pharmaceutical Company.
Either you bought them with your raw material, or you manufactured them in your extrusion system by one of several mechanisms.