How The Union Pacific-Norfolk Southern Deal Would Boost Petrochemicals
1. Union Pacific plans to acquire Norfolk Southern for $85 billion. 2. Merger aims to improve efficiency in petrochemical supply chains. 3. New system could streamline rail logistics across the U.S. 4. The merger is expected to boost U.S. petrochemical exports significantly. 5. Concerns exist, but benefits are seen as more impactful than risks.