Manufacturing

Health

Factory shutdowns across China because of the new coronavirus have exposed an uncomfortable health-care reality: Many medicines rely on raw materials that are made in that country.

Risk & Compliance Journal

The New York-based chemical company disclosed in August it spotted potential bribery in the two countries following its acquisition of Frutarom Industries Ltd. International Flavors bought the Israeli flavor company in October 2018.

CFO Journal

A.P. Moeller-Maersk said Wednesday that Patrick Jany will become its new finance chief, filling a key opening as the Danish shipping giant rebuilds its leadership team.

Commodities

The virus outbreak originating in China that has weighed on demand for crude oil, copper and soybeans is prompting a rally in some smaller commodity markets.

Heard on the Street

China will ban nonbiodegradable plastic bags for takeout food and shopping in major cities by the end of this year, and nationwide by mid-decade. Petrochemical makers should be worried.

U.S.

About 80,000 people in three townships outside Philadelphia live in an area where the groundwater had been contaminated by chemicals used for decades in firefighting foam at two nearby decommissioned military bases.

Risk & Compliance Journal

The Treasury Department alleged the four companies, based in areas ranging from Hong Kong to Shanghai to Dubai, collectively ordered the transfer of the equivalent of hundreds of millions of dollars to the state-owned National Iranian Oil Co. as payment for Iranian exports.

Asia

Ineos, one of the world’s largest chemical producers, is nearing an $800 million investment in a new plant in China, according to a person familiar with the matter, a sign that multinational manufacturers are still optimistic about China’s economic outlook.

Heard on the Street

January’s deadline to use cleaner marine fuel could ripple through the global fuel market on land and sea.

U.S.

This fall, Virginia plaintiffs’ attorney Timothy Litzenburg allegedly laid out a proposal to a chemicals company that supplies ingredients used in the popular weedkiller Roundup.

Business

Big makers and users of plastic packaging are betting on a recycling technology that has failed for decades to take off, as new rules push them to find ways to cut waste and greenhouse-gas emissions tied to plastic.

U.S.

Voluntary evacuation orders were lifted for a Texas city where explosions at a chemical plant sent plumes of smoke into the sky, with officials citing improved air quality.

Risk & Compliance Journal

Amazon.com has removed mercury-laced skin lightening creams from its U.K. and U.S. websites and eBay is reviewing products on its platform, following an investigation that found e-commerce companies are selling cosmetics with mercury levels in violation of an international convention.

Film Review

Mark Ruffalo stars in his passion project about an environmental lawyer seeking justice for a West Virginia farmer.

Politics

The Environmental Protection Agency is rescinding rules that were central to the only safety updates the federal government imposed on chemical-storage sites after a fertilizer-warehouse explosion killed 15 people in Texas in 2013.

U.S.

The former chief executive of Brazilian petrochemical company Braskem SA was arrested for his alleged role in what U.S. prosecutors called a scheme to divert $250 million in company money into a secret slush fund used to pay bribes to government officials.

Design

The soft-spoken force behind “The Lifechanging Magic of Tidying Up” is launching an online boutique of lifestyle products—from soaps to ceramics—that have passed her “joy check.”