FTZ Production Authority Sought for Fragrance Compound Facility
The Foreign-Trade Zones Board has received from Robertet Inc. a notification of proposed production activity for its facility within site 1 of FTZ 44 in Mount Olive, N.J., which is used for the blending of fragrance ingredients into fragrance compounds for consumer goods such as perfumes, cosmetics, toiletries, soaps and household products. FTZ activity would be limited to the specific foreign-status materials and components and specific finished products described in the notification and subsequently authorized by the FTZ Board.
Production under FTZ procedures could exempt Robertet from customs duty payments on the foreign status components used in export production. On its domestic sales, Robertet would be able to choose for the specified foreign status inputs the duty rates that apply to fragrance compounds (duty-free to 17 cents/kg + 1.9 percent duty). Customs duties also could possibly be deferred or reduced on foreign status production equipment.
Comments on this notification are due no later than June 23.