BusinessAugust 24, 2026

greenfield

GREEN-feeld

Definition

Referring to a new project or facility constructed on previously undeveloped land, as opposed to expanding or renovating existing infrastructure.

Etymology

Derived from the literal concept of building on a 'green field' (unspoiled land or farmland). It became common in business and industrial contexts during the mid-20th century to describe projects starting from scratch.

In the news

The article uses the term to describe new, ground-up food and beverage processing plants being built across Africa, which represent a significant source of new demand for dry film lubricants.

Africa Food Grade Dry Film Lubricant - Market Analysis, Forecast, Size, Trends and Insights

Read the full article ↗

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