Modernization is the process of using more modern design and processes in an existing oil rig or refinery to increase production, produce more valuable products, and reduce the environmental effects.
The modernization of the refinery consisted of three parts. The first was to revamp the existing unitsand increase their efficiency.
Most refiners know that they must invest in upgrading projects if they are to survive.But finding cash for modernization is not easy.
Modernization is the process of using more modern design and processes in an existing oil rig orrefinery to increase production, produce more valuable products, and reduce the environmentaleffects.
Examples of 'modernization' in a sentence
modernization
It did not appear to have suffered any attempt at modernization.
Meek, M R D IN REMEMBRANCE OF ROSE
Its rooms were spacious, with tall windows and high ceilings, and it had had enough modernization done to it to make it comfortable.