offtake

offtake

(ˈɒfˌteɪk)
n
(Commerce) commerce the act of taking off, specifically relating to removing goods from a market by purchasing them
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
BlackEarth is continuing discussions regarding potential offtake agreements, and the Company has entered into several confidentiality agreements with interested parties.
Pakistan Fertilizer: Pricing confusion hit urea offtake in Jul'19
(Alliance News) - AfriTin Mining Ltd said Monday it achieved first tin concentrate production at the Uis Tin mine in Namibia, whilst it also secured an offtake agreement.
Manila Water signs offtake agreement for Wawa project !-- -- Louise Maureen Simeon (The Philippine Star) - August 8, 2019 - 12:00am MANILA, Philippines The Wawa water project will commence soon after the government and the private sector signed an offtake agreement.
Total offtake of fertilizer nutrients were declined by 7.3 percent.
Trading and services sectors provided robust impetus to the overall credit offtake from the commercial banks in May this year, according to the Qatar Central Bank figures.
'This under-performance of the agriculture sector was mainly due to insufficient availability of water, which led to a decrease in cultivated area and a drop in fertiliser offtake,' the survey added.
Total urea offtake jumped by seven per cent to 4.735 million tonnes in the first ten months of 2018-19, from 4.411m tonnes in same period last year, according to data from National Fertilisers Development Centre.
Albeit, exports from North, although appearing significantly improved on a MoM basis (+82% MoM), succumbed to pressure amid tension with India and dumping of Irani cement in Afghanistan with offtake at 0.24mn (down by 2% YoY).
On the other hand, market leaders Fauji Fertilizer Company (FFC) and Engro Fertilizers Limited (EFERT) are expected to record 12 percent and 39 percent drop in their urea offtake to 197k tons and 159k tons, respectively.
This community solar portfolio is made up of projects in Massachusetts where the offtake is with qualified commercial subscribers, and New York where the offtake is with 100% qualified residential subscribers.