[Federal Register: June 27, 1995 (Volume 60, Number 123)]
[Notices]
[Page 33187-33188]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27jn95-48]
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DEPARTMENT OF COMMERCE
[Docket 32-95]
Foreign-Trade Zone 49, Newark, NJ; Proposed Foreign-Trade
Subzone; Bayway Refining Company (Oil Refinery), Linden, NJ
An application has been submitted to the Foreign-Trade Zones Board
(the Board) by the Port Authority of New York and New Jersey, grantee
of FTZ 49, requesting special-purpose subzone status for the oil
refinery complex of Bayway Refining Company (Bayway) (subsidiary of
Tosco Corporation), located in Linden, 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 19, 1995.
The refinery complex (1,250 acres) is located at 1400 Park Avenue,
Linden (Union County), New Jersey, some 10 miles south of Newark. The
refinery (220,000 barrels of crude oil per day; 950 employees) is used
to produce fuels and petrochemical feedstocks. Fuels produced include
gasoline, jet fuel, diesel fuel, fuel oil, kerosene, and naphtha.
Petrochemical feedstocks include butane, butylene, propane, ethylene,
propylene, and petroleum gas. Refinery by-products include petroleum
coke. All of the crude oil (80% of inputs), some feedstocks and some
blendstocks are sourced abroad.
Zone procedures would exempt Bayway 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). The duty on crude oil ranges from
5.25 to 10.5/barrel. The application indicates that the savings from
zone procedures [[Page 33188]] 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
August 28, 1995. Rebuttal comments in response to material submitted
during the foregoing period may be submitted during the subsequent 15-
day period (to September 11, 1995).
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, Room 3718, Federal Office
Building, 26 Federal Plaza, New York, NY 10278
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 19, 1995.
John J. Da Ponte, Jr.,
Executive Secretary.
[FR Doc. 95-15608 Filed 6-26-95; 8:45 am]
BILLING CODE 3510-DS-P