SMX shares rise 21.38% intraday as recycled plastic verification tech boosts affordability and sustainability.
ByAinvest
Monday, Mar 23, 2026 1:11 pm ET1min read
SMX--
SMX surged 21.38% intraday after announcing a breakthrough technology that embeds invisible, permanent markers into plastic to verify recycled material quality, linking it to secure digital records. The innovation enables brands to use cost-effective, high-performance recycled plastic without compromising product quality or inflating consumer prices, addressing rising energy costs and supply chain volatility. The company also highlighted a modeled cost inversion, with recycled plastic nearing $1,430/ton versus $1,840/ton for virgin plastic under energy and regulatory shocks, and introduced a tradable Plastic Cycle Token to monetize verified recycled output. These developments position SMX to disrupt the plastics industry by offering scalable, transparent, and economically viable sustainability solutions, aligning with growing demand for traceable materials and regulatory shifts favoring recycled content.
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