SMX says recycled plastic reaches price parity with virgin resin as oil costs rise
SMX•SMX says recycled resin has reached cost parity with virgin plastic in some markets as oil costs rise. Its strategy uses molecular markers, Digital Material Passports and digital credits to support traceability and recycling.
1. Recycling strategy
SMX outlined a push to scale recycled plastic use, saying recycled resin has reached cost parity with virgin plastic in some markets. The strategy centers on molecular markers to authenticate plastic composition, origin and recycled content across supply chains, along with Digital Material Passports for lifecycle records and Plastic Cycle Tokens linked to certified recycling activity.
