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SMX Pioneers Traceability in $824 Billion Plastics Industry
The global plastics industry, valued at $824 billion, faces increasing demands for verified sustainability. Investors and consumers are demanding verifiable data to combat greenwashing. SMX (NASDAQ:SMX) addresses this need by offering molecular marker technology that provides traceability for plastics. Each marked polymer carries a digital passport, allowing tracking across its lifecycle and transforming recyclables into auditable assets.
The push for recycled plastics is growing amid government quotas and brand commitments to net-zero packaging. However, low recycling rates highlight the need for better verification. SMX enhances the value of recycled plastics by making them traceable, converting them from a discounted commodity to a premium product.
Through partnerships worldwide, including in the ASEAN region and with US-based Tradepro, SMX employs its marker technology, ensuring traceability even in strict industries like food-grade plastics. SMX's efforts position it as a key player in the circular economy, blending proof with profitability through innovations like the Plastic Cycle Token (PCT).
R. H.
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