Skypac and SMX Forge Alliance for Sustainable Plastic Packaging

SMX (Security Matters) PLC and Skypac Packaging have announced a partnership focused on enhancing the traceability and sustainability of plastic packaging. The initiative aligns with Skypac's motto of "Paper When Possible, Plastic When Useful" and aims to redefine global packaging practices using SMX's technology.

Skypac, a Singapore-based flexible plastic materials producer, integrates SMX's invisible molecular marking and blockchain platform to improve lifecycle management of PP, OPP, HDPE, and LDPE products. This collaboration seeks to offer brands better packaging traceability, aligning with environmental, social, and governance (ESG) standards.

Both companies highlight the significance of Singapore's approach to waste management, emphasizing the practicality of plastics when traceable. The alliance aims to reduce waste and emissions, providing a robust answer to circular economy challenges.