About HS Code 290723
This HS code specifically covers 4,4'-isopropylidenediphenol, commonly known as Bisphenol A (BPA), and its salts. BPA is a high-volume chemical primarily used as a monomer in the production of polycarbonates and epoxy resins. These polymers are essential for manufacturing a vast array of products, including plastics for electronic components, automotive parts, protective coatings, and food and beverage containers. Its international trade is global, with large chemical companies exporting to manufacturers of consumer goods, construction materials, and industrial components. Environmental and health regulations often influence its trade dynamics, leading to shifts in demand and production methods. Trade volumes are substantial, reflecting its widespread industrial importance.
Products Under This Code
Bisphenol A, BPA-based polycarbonate, BPA-based epoxy resin, BPA derivatives, Liquid BPA, Diphenylolpropane
Real World Examples
Covestro (BPA for polycarbonates), Hexion (BPA for epoxy resins), LG Chem (BPA), Sabic (BPA)
Common Misclassification
While specific, BPA could be confused with other bisphenols or related phenolic compounds if not precisely identified, potentially leading to issues with regulatory compliance and duties.
Products Classified Under 2907.23
Industry
This code belongs to the Chemicals industry.
Trade Overview
China, the USA, and Saudi Arabia are major producers and exporters, with global demand from plastics and resin manufacturers.
Frequently Asked Questions
What is HS code 290723?
HS code 290723 covers: Polyphenols; 4,4'-isopropylidenediphenol (bisphenol A, diphenylolpropane) and its salts. This HS code specifically covers 4,4'-isopropylidenediphenol, commonly known as Bisphenol A (BPA), and its salts. BPA is a high-volume chemical primarily used as a monomer in the production of polycarbonates and epoxy resins. These polymers are essential for manufacturing a vast array of products, including plastics for electronic components, automotive parts, protective coatings, and food and beverage containers. Its international trade is global, with large chemical companies exporting to manufacturers of consumer goods, construction materials, and industrial components. Environmental and health regulations often influence its trade dynamics, leading to shifts in demand and production methods. Trade volumes are substantial, reflecting its widespread industrial importance.
What products fall under HS code 290723?
Bisphenol A, BPA-based polycarbonate, BPA-based epoxy resin, BPA derivatives, Liquid BPA, Diphenylolpropane
What are common misclassifications for HS code 290723?
While specific, BPA could be confused with other bisphenols or related phenolic compounds if not precisely identified, potentially leading to issues with regulatory compliance and duties.
How is HS code 290723 structured?
HS code 290723 is a 6-digit subheading under the Harmonized System. The first 2 digits (29) identify the chapter, digits 3-4 (07) identify the heading, and digits 5-6 (23) specify the subheading. This code is standardized globally by the World Customs Organization.