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PURA Asia Pacific Hemp Expansion Could Be Boosted By Chinese Stock News

Puration, Inc. (OTC Pink: PURA) is advancing its strategy to disrupt the $600 billion global lumber and $200 billion steel rebar markets through its new Farmersville Hemp Brand.

(Moderate)

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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) is advancing its strategy to disrupt the $600 billion global lumber and $200 billion steel rebar markets through its new Farmersville Hemp Brand. The company aims to harness hemp as a sustainable alternative, contributing to carbon-neutral objectives and meeting 2050 sustainability goals. PURA is set to finalize a partnership in the $1.2 billion Asia Pacific hemp region to enhance industrial hemp applications. Additionally, it has initiated construction of a facility in Farmersville, Texas, to educate businesses on utilizing hemp for product efficiency.

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Positive

  • Partnership in the $1.2 billion Asia Pacific hemp region to accelerate growth.
  • Initiating construction of an educational facility in Farmersville, Texas.

Negative

  • None.
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News Market Reaction – PURA

The recorded move for PURA in the trading session of this news was +2.78%.

Data tracked by StockTitan Argus. Session date unavailable.

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Dallas, Texas, March 16, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: 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


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What markets is Puration, Inc. targeting with its Farmersville Hemp Brand?

Puration, Inc. is targeting the $600 billion global lumber market and the $200 billion steel rebar market.

What sustainability objectives is PURA aiming to meet?

PURA aims to contribute to carbon-neutral objectives and meet sustainability goals for 2050.

What is the significance of the partnership PURA is pursuing in Asia?

The partnership in the $1.2 billion Asia Pacific hemp region aims to enhance the expansion of industrial hemp solutions.

Where is Puration, Inc. building an educational facility?

Puration, Inc. is constructing an educational facility in Farmersville, Texas.

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