{"id":113861,"date":"2022-03-16T07:27:00","date_gmt":"2022-03-16T06:27:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=113861"},"modified":"2022-08-01T13:09:24","modified_gmt":"2022-08-01T11:09:24","slug":"pura-plans-to-disrupt-200-billion-steel-rebar-market-with-hemp-alternative-in-addition-to-disrupting-600-billion-lumber-market","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/pura-plans-to-disrupt-200-billion-steel-rebar-market-with-hemp-alternative-in-addition-to-disrupting-600-billion-lumber-market\/","title":{"rendered":"PURA Plans To Disrupt $200 Billion Steel Rebar Market With Hemp Alternative In Addition To Disrupting $600 Billion Lumber Market"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><\/h2>\n\n\n\n\n\n<p><strong>Puration, Inc. (OTC Pink: PURA) today revealed plans to disrupt the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=-4C1928L1BNP7IM_dyBrN2UKV89zLRUXYd3cX5Go7edCA2p_SSD0ZXDLVI1QK_ULWIVdOvNa5KdD8LEEvSXzWGFnyY5_R3H5Mo3mH0QGNt5wL1NgfExP8lJsWLvup5NjFRUE9nx-ygTnQVTx7gsx0yshHAO7FXz6FdwRHnaCyCbAsq2-qh5_r_PSPSK0N5vEUb_6aaUXSdfl1ML4enWZtnuJJh4es1asLykdcp3i42wJ5prhSj53Kx-hokVT8iTrv4VsdyyW4teasH27yaIe7w==\" target=\"_blank\"><u>$200 billion steel rebar market<\/u><\/a>\u00a0with a hemp alternative in addition to disrupting the $600 billion lumber market.<\/strong><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cSteel production has a damaging carbon footprint and the potential corrosion of steel rebar can lead to building collapses,\u201d said Brian Shibley, CEO of PURA.\u00a0 \u201cA superior hemp-based alternative can be produced with a carbon neutral impact.\u201d<\/p><\/blockquote>\n\n\n\n<p>Fast Company recently published an article on the development of a hemp alternative to steel rebar.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cWhen a 12-story condominium building\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=wEgho5jUkfdZ4hZw0ZRuBJPlgegT5y46LZ9h7JjMk1iKZcfYcjf2vs-kkWbWRw7qbkQ8X9BKWTHLCpO4FJfIWmFZuN4t41gyvdTc-f4zysTgNctMNYLw3AHAA6CjsR9Kf8ubwDAOqqX55m9zPAG5yjLA4Pz4JY9OQL-LSBVWxCt9D5zCOajPsdCyEFlYwTHr\" target=\"_blank\"><u>suddenly collapsed last June in Surfside, Florida<\/u><\/a>, one reason was hiding deep inside the structure. Within its concrete foundation, walls, and floors was a critical but risk-prone building material: steel reinforcing bar. In the aftermath of the collapse, investigators found this material to have\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=1dlpdsMIuV9U0R1YGeWvYqOBBLt6Ir7FrzOfZzedezfSsVBqLfSR53pd0j7f82CIVk4f-DzQhj6qVpbRGvM7UpuzCDr_2FGIh5eFexwn9f_YhNZLUKt664hvTT6jL5jYcxQZ2_9ySnvoM1jgsBoDPAotXljZkYv5OhchU72Su8Y=\" target=\"_blank\"><u>extensive corrosion<\/u><\/a>\u2014enough to cause the massive building to simply fall apart.\u201d<\/p><p>\u201cWhen combined with plant-based bioplastic, hemp rebar could be an all-natural alternative to steel rebar.\u201d\u00a0<\/p><p>\u201cEliminating steel from concrete construction could eliminate the corrosion risk that brought down the condo in Florida. With less corrosion, the concrete in buildings and bridges could last decades longer.\u201d\u00a0<\/p><p>\u201cWith climate change spurring the building industry to grapple with its\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=Irc0XyqVQNZofuqOoGdaqVoHKSQ8EFq6CxrAroXS-VWYYk9KRDKbL5LtV0tGodzW5l073N0NiCPeHPlhd2X0jPcjlMgHh7-59j7sJ5dVg7QTcnHsn0qKFyIdLlc8FpLNWzRuYOWGl9HCsKY0owDlwe_GFZkCmHGFeGk8khM7C55dNsq4m0rgMJTuexSgWmEqz_6G_svax82H_8E7cTWmRTxWNX752cMbJ5fOTLxvtuI=\" target=\"_blank\"><u>high carbon footprint<\/u><\/a>, reducing the use of heavily polluting materials like steel will become increasingly important.\u201d\u00a0<\/p><\/blockquote>\n\n\n\n<p><strong>Read the full Fast Company Article\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=xbdcaFm-zwE_btWHwFmf3u2-tDFMRsoAE2GSWS0mZDdbiBvE8PJ9P57ZvhrGkZ9J3ZRVFus7_cQsr9G7LwdvakX8QnhG0EfekhTECqJjSyEiLFAYPBLn5vKlGQW6iNHOoQ5UmBg0HAQE88S-oA9kSX1ft1rFLETFEFvAHmqvt6E=\" target=\"_blank\"><u>here<\/u><\/a>\u00a0on hemp as alternative to Steel Rebar.<\/strong><\/p>\n\n\n\n<p>The article goes on to discuss the current limitations of the hemp market in the U.S. with the hemp cultivation only becoming legal in 2018.<\/p>\n\n\n\n<p>Accordingly, PURA is on track to solidify its first partnership in the&nbsp;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=myUPEp5PcfqVvmz7c5QjHUWmlA7xFnESxSGlJlx3OFRBwDG_pPRqfSzsYZfKYGWsyNlf0O0oj59x0G75TEfOX0tt7Ht2SmVTczxZmYhP-AtgLpnAxBuQlHbaA3fhLJpO_JONS1AUx6HTGiDyW0j-541yjYbg8UNARL0kYJ1ouFf-FvFLvIubjdFNj3TugX4M\" rel=\"noreferrer noopener\" target=\"_blank\"><u>$1.2 billion Asia Pacific hemp region<\/u><\/a>&nbsp;in order to tap into richer resources that can accelerate the expansion of industrial hemp solutions.<\/p>\n\n\n\n<p>Last year, PURA introduced its Farmersville Hemp Brand strategy to usher industrial hemp solutions into the market.<\/p>\n\n\n\n<p>PURA is working to introduce hemp as 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&nbsp;<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mQr51DC4iaZJbu_90jo7590zUo-F3UT3xoDdMeJA1HheaZORHl2tun-sUxRkxINgEOUhJh0weRxeq3xtdv0UvDwFfuvRPj5JU6uVPcBmyswQ990W6tDV0diyuFnEELkSzACCaO7k5IFa4MzN0_u--3DKb7ukM-ch3gr869t5vSe0qJZxsN2t4ke9oZpGYLcVKAIAnFJfz6g6NdEX2MOk_AK20-LWR5n09dE38akN2cBlcsZOm-89z0ObMAvbV4Bi1BQGsSYERt-cJ8abCn3KELHOFZvFDgRHZd5hcixs-vOMcbo0uBsLCPs63yVdmnUz7rSam1Ok7zHX0jpQ4LR41YckUxtnxH4m6WSzf9N0kx8cmjiLOHEs9JQkfMjRcqdlOekKEftJuOucDQaFbzP4wMmYSkdxwHrkzkcjI4A_IOeVsTgwpjIEK5lS44HbWSW2OwpK-ySCdYAU9PbqLkvFF93BnoRhtvH1Tw1ETp7U7Xk=\" rel=\"noreferrer noopener\" target=\"_blank\"><u>$600 billion global lumber market<\/u><\/a>.<\/p>\n\n\n\n<p>The Asia Pacific partnership is part of the company\u2019s plan to disrupt the lumber and steel rebar markets.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p><strong>Read the company\u2019s latest comprehensive\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.globenewswire.com\/Tracker?data=Why2cC0BndLzrUCRzOzK7WmsJGmtJjVXjGVivjBEJFslU_o_nsXGjG0p1h9HBrHbkl4-_bBYsbv0lBukQg4A9MgE_W4Ap7JChTqm0KgqxSTt9IPWJKJgHDo9Bpu4kEQ-2U985x0m7YGAHTxk0FLC-gE5jNUAaDLNbCF7trMJBX3DhORVeASHucwn39UrOq_u1GhI0R5B8xcmA4Qm9jmp_w==\" target=\"_blank\"><u>update on PURA\u2019s Farmersville Hemp Brand rollout<\/u><\/a>.\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Puration, Inc. (OTC Pink: PURA) today revealed plans to disrupt the\u00a0$200 billion steel rebar market\u00a0with a hemp alternative in addition to disrupting the $600 billion lumber market. \u201cSteel production has a damaging carbon footprint and the potential corrosion of steel rebar can lead to building collapses,\u201d said Brian Shibley, CEO of PURA.\u00a0 \u201cA superior hemp-based [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"Company is constructing a facility in Farmersville, Texas where they will conduct consultative education for each corporate customer to how hemp can be utilized to improve the efficiency of existing products","footnotes":""},"categories":[5572],"tags":[5838,12430,11749,11885,20777],"supplier":[20778],"class_list":["post-113861","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-bioeconomy","tag-buildingmaterial","tag-construction","tag-hemp","tag-lumber","supplier-puration-inc"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/113861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=113861"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/113861\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=113861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=113861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=113861"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=113861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}