Petrochemical feedstocks and refinery by-products include methane, ethane, propane, propylene, butane, butadiene, benzene, toluene, xylene, petroleum coke, carbon black oil and sulfur. Zone procedures would exempt the refinery from Customs duty payments on the foreign products used in its exports. The duty rates on inputs range from 5.25 cents barrel to 10.5 cents barrel. The application indicates that the savings from zone procedures would help improve the refinery's international competitiveness. In accordance with the Board's regulations, a member of the FTZ Staff has been designated examiner to investigate the application and report to the Board.
Public comment is invited from interested parties.
The closing period for their receipt is June 16, 1997. John J. Da Ponte, Jr., Executive Secretary.