[Federal Register: July 27, 1995 (Volume 60, Number 144)]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board
Foreign-Trade Zone 122--Corpus Christi, TX, Subzone 122J, Valero
Refining Company (Crude Oil Refinery); Request for Modification of
A request has been submitted to the Foreign-Trade Zones Board (the
Board) by the Port of Corpus Christi Authority, grantee of FTZ 122,
pursuant to Sec. 400.32(b)(1) of the Board's regulations, for
modification of the restrictions in FTZ Board Order 414 authorizing
Subzone 122J at the crude oil refinery of Valero Refining Company
(Valero) in Corpus Christi, Texas. The request was formally filed on
July 18, 1995.
The Board Order in question was issued subject to certain standard
restrictions, including one that required the election of privileged
foreign status on incoming foreign merchandise. The zone grantee has
requested that the latter restriction be modified so that Valero would
have the option available under the FTZ Act to choose non-privileged
foreign (NPF) status on foreign refinery inputs used to produce certain
petrochemical feedstocks and by-products, including the following:
benzene, toluene, xylenes, other hydrocarbon mixtures, distillates/
residual fuel oils, kerosene, naphthas, liquified petroleum gas,
ethane, methane, propane, butane, ethylene, propylene, butylene,
butadiene, petroleum coke, asphalt, sulfur, sulfuric acid, cumene and
The request cites the FTZ Board's recent decision in the Amoco,
Texas City, Texas case (Board Order 731, 60 FR 13118, 3/10/95) which
authorized subzone status with the NPF option noted above. In the Amoco
case, the Board concluded that the restriction that precluded this NPF
option was not needed under current oil refinery industry
Public comment on the proposal 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.
A copy of the application and accompanying exhibits will be
available for public inspection at the following location: Office of
the Executive Secretary, Foreign-Trade Zones Board, U.S. Department of
Commerce, Room 3716, 14th & Pennsylvania Avenue, NW., Washington, DC
Dated: July 19, 1995.
Acting Executive Secretary.
[FR Doc. 95-18395 Filed 7-26-95; 8:45 am]
BILLING CODE 3510-DS-P