80 FR 24231 - Foreign-Trade Zone (FTZ) 122-Corpus Christi, Texas; Notification of Proposed Production Activity; M & G Resins, LLC, (Polyethylene Terephthalate and Terephthalic Acid); Corpus Christi, Texas

DEPARTMENT OF COMMERCE
Foreign-Trade Zones Board

Federal Register Volume 80, Issue 83 (April 30, 2015)

[Federal Register Volume 80, Number 83 (Thursday, April 30, 2015)]
[Notices]
[Pages 24231-24232]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-10166]


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DEPARTMENT OF COMMERCE

Foreign-Trade Zones Board

[B-25-2015]


Foreign-Trade Zone (FTZ) 122--Corpus Christi, Texas; Notification 
of Proposed Production Activity; M & G Resins, LLC, (Polyethylene 
Terephthalate and Terephthalic Acid); Corpus Christi, Texas

    The Port of Corpus Christi Authority, grantee of FTZ 122, submitted 
a notification of proposed production activity to the FTZ Board on 
behalf of M & G Resins, LLC (M & G), located in Corpus Christi, Texas. 
The notification conforming to the requirements of the regulations of 
the FTZ Board (15 CFR 400.22) was received on April 17, 2015.
    The M & G facility is located within Subzone 122S. The facility 
will be used for the manufacturing of polyethylene terephthalate and 
terephthalic acid. Pursuant to 15 CFR 400.14(b), FTZ activity would be 
limited to the specific foreign-status materials and components and 
specific finished products described in the submitted notification (as 
described below) and subsequently authorized by the FTZ Board.
    Production under FTZ procedures could exempt M & G from customs 
duty payments on the foreign status components used in export 
production. On its domestic sales, M & G would be able to choose the 
duty rates during customs entry procedures that apply to polyethylene 
terephthalate (PET) and terephthalic acid (PTA) (duty rate 6.5%) for 
the foreign status inputs noted below. Customs duties also could 
possibly be deferred or reduced on foreign status production equipment.
    The components and materials sourced from abroad include: Ethylene 
glycol, para-xylene and acetic acid (duty rate ranges from duty-free to 
5.5%).
    Public comment is invited from interested parties. Submissions 
shall be addressed to the Board's Executive Secretary at the address 
below. The closing period for their receipt is June 9, 2015.
    A copy of the notification will be available for public inspection 
at the Office of the Executive Secretary, Foreign-Trade Zones Board, 
Room 21013, U.S. Department of Commerce, 1401 Constitution Avenue NW., 
Washington, DC 20230-0002, and in the ``Reading Room'' section of the 
Board's Web site, which is accessible via www.trade.gov/ftz.
    For further information, contact Elizabeth Whiteman at 
[email protected] or (202) 482-0473.


[[Page 24232]]


    Dated: April 24, 2015.
Andrew McGilvray,
Executive Secretary.
[FR Doc. 2015-10166 Filed 4-29-15; 8:45 am]
 BILLING CODE 3510-DS-P