[Federal Register: June 5, 1995 (Volume 60, Number 107)]
[Notices]
[Page 29551-29552]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr05jn95-41]
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DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
[Docket 27-95]
Foreign-Trade Zone 142, Camden, New Jersey, Proposed Foreign-
Trade Subzone, Mobil Corp. (Oil Refinery), Paulsboro, New Jersey
An application has been submitted to the Foreign-Trade Zones Board
(the Board) by the South Jersey Port Corporation, grantee of FTZ 142,
requesting special-purpose subzone status for the oil refinery complex
of Mobil Corporation (Mobil), located in the Paulsboro, New Jersey,
area. 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
May 24, 1995.
The refinery complex (678 acres) consists of 2 sites in Gloucester
County, New Jersey: Site 1--main refinery complex, located on the
Delaware River near Paulsboro, New Jersey, some 10 miles south of
Philadelphia; Site 2--MTBE and light cycle oil storage facility located
within GATX Terminals Corporation storage facility, adjacent to the
refinery. The refinery (140,000 barrels per day; 600 employees) is used
to produce fuels and petrochemical feedstocks. Fuels produced include
gasoline, jet fuel, distillates such as diesel fuel and fuel oil,
lubricating oil, residual fuels and naphthas. Petrochemical feedstocks
include methane, ethane, mixed butanes, and propane. Refinery by-
products include asphalt, petroleum coke and sulfur. All of the crude
oil (89% of inputs), some feedstocks, and some blendstocks are sourced
abroad.
Zone procedures would exempt the refinery 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 [[Page 29552]] (nonprivileged foreign status--NPF) on certain
petrochemical feedstocks and refinery by-products (duty-free). The duty
on crude oil ranges from 5.25 cents 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 (as revised, 56 FR
50790-50808, 10-8-91), 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
August 4, 1995. Rebuttal comments in response to material submitted
during the foregoing period may be submitted during the subsequent 15-
day period (to August 21, 1975).
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 District Office, 3131 Princeton Pike, Bldg.
#6, Suite 100, Trenton, NJ 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: May 26, 1995.
John J. Da Ponte, Jr.,
Executive Secretary.
[FR Doc. 95-13701 Filed 6-2-95; 8:45 am]
BILLING CODE 3510-DS-P