PURA Hemp Expansion Coincides With Chinese Investment Intervention

Rhea-AI Summary

Puration, Inc. (USOTC: PURA) is set to disrupt major global markets by launching hemp-based products aligned with carbon neutrality goals. Under the Farmersville Hemp Brand, the company aims to penetrate the $600 billion lumber market and the $200 billion steel rebar market. PURA is also establishing its first partnership in the $1.2 billion Asia Pacific hemp sector. As part of its initiatives, it is constructing a facility in Farmersville, Texas, to educate stakeholders on hemp utilization for sustainability.

Positive

• PURA targets disruption in a $600 billion lumber market and a $200 billion steel rebar market.
• The company is solidifying its first partnership in the $1.2 billion Asia Pacific hemp region.
• Construction of an educational facility in Farmersville, Texas, showcases commitment to sustainability.

Negative

• None.

DALLAS, Texas, March 16, 2022 /PRNewswire/ -- Puration, Inc. (USOTC: PURA) has implemented a strategy to disrupt major global markets with the introduction of hemp based alternatives that contribute to carbon neutral objectives.

Under its new Farmersville Hemp Brand, PURA is working to introduce hemp as a multi-industry disruptor that can be a base of a better product or service contributing notably to the 2050 sustainability objectives. PURA recently announced a strategy targeted at disrupting the $600 billion global lumber market and the $200 billion steel rebar market.

As part of its Farmersville Hemp Brand strategy, PURA is on track to solidify its first partnership in the $1.2 billion Asia Pacific hemp region in order to tap into richer resources that can accelerate the expansion of industrial hemp solutions.

News out today on China working to better support a market for Chinese companies in foreign investment venues could bode well for PURA's Asia Pacific plans.

See Barron's China's Intervention Sends Stocks Soaring. Powell's Unlikely to Make That Big a Splash.

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.

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

SOURCE: Puration, Inc.

View original content:https://www.prnewswire.com/news-releases/pura-hemp-expansion-coincides-with-chinese-investment-intervention-301504340.html

SOURCE Puration, Inc.

FAQ

What is PURA's strategy for market disruption?

PURA aims to disrupt the lumber and steel rebar markets with hemp-based alternatives.

What markets is Puration targeting with its hemp products?

PURA is targeting the $600 billion lumber market and the $200 billion steel rebar market.

Where is PURA building a facility for hemp education?

PURA is constructing a facility in Farmersville, Texas, for consultative education on hemp utilization.

How does PURA plan to expand in the Asia Pacific hemp market?

PURA is working to establish its first partnership in the $1.2 billion Asia Pacific hemp market.

What are the sustainability goals associated with PURA's hemp products?

PURA's hemp products aim to contribute to carbon neutrality and 2050 sustainability objectives.