PURA Strategy To Tap $1.2 Billion Asia Pacific Hemp Market Is Part Of Plan To Disrupt $600 Billion Lumber Market
February 25 2022 - 2:02PM
InvestorsHub NewsWire
Dallas, TX -- February 25, 2022 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
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 $600
billion global 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 also recently announced
being on the verge
of striking its first partnership opportunity to tap into the
$1.2
billion Asia Pacific hemp market. Today, the company
announces the Asia Pacific partnership is part of the company’s
plan to disrupt the lumber
market.
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
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