[Federal Register Volume 61, Number 131 (Monday, July 8, 1996)]
[Notices]
[Pages 35710-35711]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-17280]
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DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
[Docket 54-96]
Foreign-Trade Zone 142--Camden, New Jersey Application for
Subzone Status Coastal Eagle Point Oil Company (Oil Refinery Complex)
Westville, New Jersey
An application has been submitted to the Foreign-Trade Zones Board
(the Board) by the South Jersey Port Commission, grantee of FTZ 142,
[[Page 35711]]
requesting special-purpose subzone status for the oil refinery complex
of Coastal Eagle Point Oil Company (wholly-owned subsidiary of Coastal
Corporation), located in Gloucester County (Westville area), New
Jersey. The application was submitted pursuant to the provisions of the
Foreign-Trade Zones Act, as amended (19 U.S.C. 81a-81u), and the
regulations of the Board (15 CFR part 400). It was formally filed on
June 25, 1996.
The refinery complex (130,000 BPD, 377 employees) is located at a
1,000-acre site on the Delaware River at U.S. Route 130 South,
Gloucester County (Westville area), New Jersey, some 10 miles south of
Philadelphia.
The refinery produces fuels and petrochemical feedstocks. Fuels
produced include gasoline, jet fuel, kerosene, distillates and residual
fuels. Petrochemical feedstocks and refinery by-products include
butane, propane, benzene, toluene, xylene, propylene, cumene, sulfur,
petroleum coke and asphalt. All of the crude oil (85 percent of inputs)
and some feedstocks and motor fuel blendstocks used in producing fuel
products are sourced abroad.
Zone procedures would exempt the operations involved from Customs
duty payments on the foreign products used in its exports. On domestic
sales, the company would be able to choose the finished product duty
rate (nonprivileged foreign status--NPF) on certain petrochemical
feedstocks and refinery by-products (duty-free) instead of the duty
rates that would otherwise apply to the foreign-sourced inputs (e.g.,
crude oil, natural gas condensate). The duty rates on crude oil 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. Submissions
(original and 3 copies) shall be addressed to the Board's Executive
Secretary at the address below. The closing period for their receipt is
September 6, 1996. Rebuttal comments in response to material submitted
during the foregoing period may be submitted during the subsequent 15-
day period (to Septmeber 23, 1996).
A copy of the application and accompanying exhibits will be
available for public inspection at each of the following locations:
U.S. Department of Commerce, Export Assistance Center, Bldg. #6, Suite
100, 3131 Princeton Pike, Trenton, New Jersey 08648.
Office of the Executive Secretary, Foreign-Trade Zones Board, Room
3716, U.S. Department of Commerce, 14th & Pennsylvania Avenue, NW,
Washington, DC 20230.
Dated: June 27, 1996.
John J. Da Ponte, Jr.,
Executive Secretary.
[FR Doc. 96-17280 Filed 7-5-96; 8:45 am]
BILLING CODE 3510-DS-P
