DEPARTMENT OF COMMERCE
[Docket 8-90] Foreign-Trade Zone 122; Corpus Christi, TX;
Request for Manufacturing Housmex Rubber Plant
55 FR 8971
March 9, 1990
Foreign-Trade Zones Board
TEXT: An application has been submitted to the Foreign-Trade Zones Board
(the Board) by the Port of Corpus Christi Authority, grantee of FTZ 122, on
behalf of Housmex, Inc. (a subsidiary of Grupo Industrial DESC of Mexico),
requesting authority to manufacture/reprocess rubber under zone procedures
within FTZ 122, Corpus Christi, Texas. It was filed on February 14, 1990.
Housmex is planning to construct a rubber reprocessing plant within the
Port's Rincon Industrial Park. The company would purchase scrap and
substandard rubber, carbon black, napthene, and domestic oils from foreign
and domestic sources.
Zone procedures will exempt Housmex from Customs duty payments on the
foreign materials used in its exports. On its domestic sales, the company
will be able to choose the duty rate that applies to finished processed
rubber (duty free). Housmex plans to purchase some of its scrap rubber from
Eastern Bloc countries (non-MFN rate -- 20 percent). The applicant
indicates that authority to use zone procedures would be a factor in the
company's decision to proceed with plans for the U.S. facility.
The application also requests an exemption for this operation from the
general requirement in the order approving the zone (Board Order 310,
9/5/85), which requires zone users to operate under a central Customs
inventory control system.
Comments on the application are invited in writing from interested
parties. They should be addressed to the Executive Secretary at the address
below and postmarked on or before April 6, 1990.
Port Director's Office,
U.S. Customs Service, Southwest Region,
P.O. Box 1027,
Corpus Christi, TX 78403.
Office of the Executive Secretary,
Foreign-Trade Zones Board,
U.S. Department of Commerce, Room 2835,
14th & Pennsylvania Avenue, NW.,
Washington, DC 20230.
Dated: March 2, 1990.
John J. Da Ponte, Jr.,
[FR Doc. 90-5420 Filed 3-8-90; 8:45 a.m.]
BILLING CODE 3510-DS-M