18 Jun 2025

📦Application for Expansion of Foreign-Trade Zone 49 in New Jersey

Foreign-Trade Zone 49; Application for Expansion of Subzone 49E; Phillips 66 Company; Linden, New Jersey

Summary ?

The Foreign-Trade Zones Board has received an application from the Port Authority of NY and NJ to expand Subzone 49E for Phillips 66 Company in Linden, New Jersey. This expansion will include a new site without affecting the existing production authority. Public comments are invited regarding the application.

Agencies

  • Commerce Department
  • Foreign-Trade Zones Board

Business Impact ?

$$ - Med

The regulation concerns an application for the expansion of a Foreign-Trade Zone (FTZ), which can create business benefits such as customs duty savings and logistical advantages for companies operating within or near the zone. This is especially relevant for Phillips 66 Company, who is the applicant for the expansion, as it may affect their operational capabilities and competitive positioning.

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