SMX, a digital platform technology provider, has entered into agreements with Singapore-based companies Aegis Packaging and Skypac Packaging, both recognised players in coating technologies and flexible plastics.
The partnerships mark a significant step in SMX’s global growth, particularly in the Association of Southeast Asian Nations (ASEAN) region.
Skypac Packaging supplies a range of plastic products across sectors such as food, pharmaceutical, and industrial.
With SMX’s molecular marker system and blockchain tracking, Skypac aims to enhance the circularity of plastics. Each plastic unit now includes a digital identifier to track its full life cycle from production to post-use recovery.
This integration supports SMX’s Plastic Cycle Token (PCT), which assigns monetary value to verified recycling activities.
This token allows recycled plastic to be traded as an authenticated asset within an open-market framework.
It transforms sustainability practices into economically viable actions backed by blockchain verification.
Through PCT, supply chains can validate, price, and monetise sustainability initiatives in real time.
The approach shifts recycling from a compliance task to a measurable revenue-generating activity. SMX noted that its technology ensures that environmental efforts are transparent, auditable, and financially relevant.
Separately, SMX has also partnered with Aegis Packaging, a developer of the O₂X high-barrier coating for flexible plastics.
The O₂X technology enables monomaterial packaging to achieve performance levels once only possible with unrecyclable laminates.
By embedding SMX’s traceability system, the packaging can now self-verify its origin, use, and end-of-life handling.
The packaging’s life cycle data is recorded and secured on a blockchain platform, reducing dependency on manual oversight. This combination of physical and digital traceability enhances compliance and operational transparency.
