SMX (Security Matters) PLC (NASDAQ:SMX)(NASDAQ:SMXWW), a leader in providing "physical to digital" solutions for a circular economy, today unveiled a strategic alliance with Skypac Packaging, a Singapore-based producer of flexible plastic materials. Guided by the principle "Paper When Possible, Plastic When Useful," Skypac focuses on manufacturing PP, OPP, HDPE, and LDPE products-both with and without rotogravure printing-and aims to advance global packaging practices through this new collaboration with SMX.
By integrating SMX's invisible molecular marking and blockchain-based digital platform, Skypac seeks to bolster the sustainability and traceability of its plastic packaging line. SMX believes that with ongoing growth in cross-border trade and consumer demand for more eco-conscious products, the ability to verify a package's origins, composition, and end-of-life potential has become a competitive advantage. Skypac's offerings already serve multiple industries by preserving product freshness, minimizing shipping and storage costs, and providing an ideal canvas for branding. When combined with SMX's proprietary technology, these same packaging solutions can now be monitored across their entire lifecycle, enabling companies to reuse, recover, or turn them into an energy source at the end-of-life stage.