Glossary - G

Gas-to-liquid (GTL) process

 

Conversion of natural gas into synthesis gas, from which fuel or chemicals can be manufactured using so-called Fischer-Tropsch synthesis. Both stages require catalysts.

Gate review process

 

Structured system for monitoring research and development projects.

Gross margin

 

Gross profit as a percentage of sales.

Gross profit

 

Sales less cost of goods sold.

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