Wacker Polysilicon North America, LLC has notified the Foreign-Trade Zones (FTZ) Board about a proposed production activity at their facility in Charleston, Tennessee. They want to produce hydrophilic fumed silica, which could allow them to avoid customs duties on some foreign materials used for exports. For domestic sales, Wacker could choose to pay lower duty rates for certain components. The public can comment on this proposal until March 24, 2021, by emailing the FTZ Board’s Executive Secretary.
Simple Explanation
Wacker Polysilicon in Tennessee wants to make a special powder called hydrophilic fumed silica at their factory. This could help them save money on taxes for materials they bring from other countries, and people can tell the government what they think about this until March 24, 2021.