Type:Notice
Citation:86 FR 11222
Reading Time:about a minute or two
Eastman Chemical Company has notified the Foreign-Trade Zones Board about its planned facility in Kingsport, Tennessee, which will be part of Foreign-Trade Zone (FTZ) 204. The facility will focus on methanolysis operations and recycling of plastics, allowing Eastman Chemical to benefit from reduced customs duties on certain foreign materials for export production and domestic sales. Interested parties are invited to comment on the proposal until April 5, 2021, with additional details available on the Board's website.
Simple Explanation
Eastman Chemical wants to recycle plastics in a special area where they pay less money when bringing in stuff from other countries, and people can tell the government what they think about this plan until April 5, 2021.