Meaning of “processing” in the English Dictionary

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"processing" in Business English

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processingnoun [ U ]

uk /ˈprəʊsesɪŋ/ us /ˈprɑːsesɪŋ/

PRODUCTION the series of actions that are taken to change raw materials during the production of goods:

the processing of sth Uruguay's manufacturing production and exports are largely based on the processing of natural resources.
processing equipment/facility/plant The refinery is among the largest and most advanced crude oil processing plants in the world.

(Definition of “processing” from the Cambridge Business English Dictionary © Cambridge University Press)