Canadian-based CRAiLAR Technologies Inc. has received a favorable customs classification and tariff ruling that could provide substantial duty savings on imported products blending CRAiLAR Flax.
Earlier this year, the U.S. Customs Service ruled CRAiLAR Flax a natural fiber that is neither synthetic nor man-made. The ruling provides for potentially significant duty savings on imported products that contain CRAiLAR Flax. To facilitate higher blending levels eligible for lower duties, the company cites improved fiber quality coming from its European facility, and independent spinners are producing yarns containing 60 percent CRAiLAR Flax content and producing significantly less spinning waste. Manufacturers can to save up to 84 percent of current tariffs when CRAiLAR Flax fiber is the majority content of the product.
CRAiLAR Technologies offers natural fiber in the form of flax, hemp and other bast fibers for use in textile, industrial, energy, medical and composite material applications.