I have tried to search the processing questions on site - none of which are too clear to me or have satisfactory answers. The long and the short of it is as follows: I have refining and refinery efficiency on level 5. I am training most of my specific processing skills (i.e. veldspar processing) to level 4. Do I need to train any to level 5? I am predominantly a industrial character with pretty low standings (don't mission much.)
Curious
[ Editor ]
I wouldn't waste time on getting those skills to 5.. unless you are refining in refineries with 35% equipment efficiency. In that case even with all ore processing skills at 5 you won't have perfect refine (it will be ~96.8%).
Maybe this can help: http://eve.podzone.net/refining.php
Using the best Beancounter implant at this point would give you the +5% that you’d need for a zero waste refine.

+1 and +fav, because this one is (im my opinion) a very popular and interesting question
Thanks guys to everyone who commented – very useful, meaningful and intelligent answers.
You are welcome Randy. Please select one of the answers as your accepted one. Cheers!