PURA Edges Closer To Key Partnership In $1.2 Billion Asia Pacific Hemp Market
Puration, Inc. (OTC Pink: PURA) is moving forward with a significant partnership in the $1.2 billion Asia Pacific hemp sector. CEO Brian Shibley stated progress is steady toward closing this deal, which complements their Farmersville Hemp Brand strategy aimed at disrupting the $600 billion global lumber market. The company is constructing a facility in Farmersville, Texas, to demonstrate hemp's advantages, with a focus on sustainability and efficiency. This facility will use hemp composite materials as part of their broader strategy.
- Progress in finalizing a partnership in the $1.2 billion Asia Pacific hemp market.
- Development of the Farmersville Hemp Brand strategy to disrupt the $600 billion lumber market.
- Construction of a facility in Texas to showcase the use of hemp in improving product efficiency.
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Dallas, Texas, March 01, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today announced the company is on track to seal-the-deal on their first partnership in the
“We are making steady progress and improving the certainty of closing,” said Brian Shibley, CEO of PURA in regard to the hemp partnership in the Asia Pacific region currently under development.
PURA has introduced its Farmersville Hemp Brand strategy to usher industrial hemp solutions into the market.
Part of the Farmersville Hemp Brand strategy is targeted at disrupting the
The Asia Pacific partnership is part of the company’s plan to disrupt the lumber market.
Hemp is a textile and lumber industry disruptor. Hemp fiber is an alternative to cotton and traditional construction lumber that in fact has many characteristics superior to cotton and traditional lumber before considering the environmental benefits of using hemp. Hemp grows faster than cotton and hard wood forests, uses less water and absorbs more carbon. Hemp can be used in the production of bioplastics and has even been tested for use in supercapacitors which hold the potential to outperform batteries and do so with far less detriment to the environment.
PURA has initiated construction on a facility in Farmersville, Texas where the company will conduct consultative education customized for each corporate customer to hands on demonstrate how hemp can be utilized to improve the efficiency of existing products and services and meet 2050 sustainability targets.
The facility will be constructed using hemp composite construction materials as a first step in PURA’s strategy to begin disrupting the lumber industry.
PURA will soon be releasing design details on the facility.
Read the company’s latest comprehensive update on PURA’s Farmersville Hemp Brand rollout.
For more information on Puration, visit http://www.purationinc.com
Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
For More Information Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
FAQ
What is Puration's recent partnership announcement regarding PURA?
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