Co-product definition

Co-product means one or more incidental results of a production process that is not a primary product of the production process and that is sold in trade in the channels of commerce to the general public in the same form as it is produced, for any purpose except the purpose of energy recovery. A co-product is not considered nonproduct output. Increases in quantities of co- products do not count towards use reduction or nonproduct output reduction goals. This term shall have the same meaning as defined for the term "co-product" at N.J.A.C. 7:1K-1.5; if there is any conflict between the definition at N.J.A.C. 7:1K-1.5 and this one, the definition at
Co-product means a tangible material produced incidentally to the manufacture or processing of a product. For example, but without limitation, one Co-Product of the growth of microalgae and the extraction of oil therefrom is the biomass remaining after the extraction.
Co-product means a material that is not a primary product, but is an incidentally produced product, of such quality that its composition is consistently equivalent to, or exceeds the standards for, a manufactured product of the same name. A co-product is used as a commodity in trade by the general public in the same form as it is produced, in lieu of an intentionally manufactured product.

Examples of Co-product in a sentence

  • By-Product and Co-Product AISC All-in sustaining costs per ounce of gold and silver produced seeks to represent total sustaining expenditures of producing gold and silver ounces from current operations, based on co-product costs or by-product costs, including cost components of mine sustaining capital expenditures, corporate general and administrative expense excluding stock-based compensation, and exploration and evaluation expense.

  • By-Product and Co-Product Cash Costs Cash costs include mine site operating costs such as mining, processing, administration, production taxes and royalties which are not based on sales or taxable income calculations, but are exclusive of amortization, reclamation, capital, development and exploration costs.

  • With respect to each pool year covered by this Agreement, distributions of the net proceeds shall initially be based on MIDWEST’S best estimate of the amount of Co-Product anticipated to be produced by each participant in the pool, and shall be adjusted by MIDWEST periodically as production figures are more precisely determined.

  • Unit Net Cash Costs: Co-Product Method - Under the co-product method, unit site production and delivery costs in 2004 averaged $0.53 per pound of copper, compared with $0.26 in 2003.

  • Co- Product (US$ in millions, except pounds, ounces and per unit amounts) Non-GAAP Reconciliation Copper-Gold Operations Co-Product Costs Three Months Ended Six Months Ended June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Copper payable production (000’s lbs) 14,687 20,159 33,749 35,564 Gold payable production in Cu eq.


More Definitions of Co-product

Co-product means a product with significant market value that is produced
Co-product means a product with significant market value that is produced alongside a main primary product.
Co-product means one or more incidental result(s) of a production process that is not a primary product of the production process and that is sold in trade in the channels of commerce to the general public in the same form as it is produced, for any purpose except the purpose of energy recovery. A co-product is not considered nonproduct output. Increases in quantities of co-products do not count towards use reduction or nonproduct output reduction goals.
Co-product means any of Carbon Dioxide, Corn Oil, DDGS, and DWG and “Co-Products” means any two or more of the foregoing;
Co-product means, collectively, the DDG Co-Product and WDG Co-Product meeting the specifications set forth in Exhibit “B” attached hereto and incorporated by this reference.
Co-product means, with respect to an Existing Plant, SM or TBA, or ---------- any other product other than PO Product produced at the Existing Plant. SM is the primary Co-Product produced at the Channelview Plant Facility and TBA is the primary Co-Product produced at the Bayport Plant Facility.
Co-product shall have the meaning provided in the JVOA.