Friday, October 11, 2019

Carbon Fiber FTZ Approved for Export Only

On June 24, 2019, the Foreign-Trade Zone Board published in the Federal Register (84 FR 29496) Notification of Proposed Production Activity; Teijin Carbon Fibers, Inc. (Polyacrylonitrile-Based Carbon Fiber); Greenwood, South Carolina

Production under FTZ procedures will exempt TCF from customs duty payments on the foreign-status components used in export production. On its domestic sales, for the foreign-status materials/components noted below, TCF wanted to able to choose the duty rate during customs entry procedures that applies to carbon fiber (duty free).

On October 11, 2019, the Foreign-Trade Zone Board published in the Federal Register (84 FR 54837) Foreign-Trade Zone (FTZ) 38— Spartanburg County, South Carolina; Authorization of Limited Production Activity; Teijin Carbon Fibers, Inc. (Polyacrylonitrile-Based Carbon Fiber); Greenwood, South Carolina.

The Board authorized the production activity described in the notification on a limited basis, subject to a restriction requiring that all foreign status polyacrylonitrile (PAN) fiber admitted for production activity must bere-exported (entry for U.S. consumption was not authorized).

This is consistent with earlier FTZ filings relating to carbon fiber approved for export only.

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