Molecular Tracking Empowers Plastic Recycling: SMX and REDWAVE Build New Industrial Recovery Standards

On September 16, Zhuansu Shijie reported that global supply chain solutions provider SMX announced the signing of a letter of intent with REDWAVE Technology Center, a subsidiary of BT-Systems, to integrate molecular traceability technology into industrial-grade recycling systems. The collaboration aims to combine SMX’s molecular marking and blockchain verification technology with REDWAVE’s sorting and detection systems, creating a recycling process that not only separates materials but also enables real-time authentication of their origin and composition.

According to the press release, the collaboration focuses on three main objectives: embedding SMX traceability technology into the REDWAVE platform, ensuring compliance of recycled materials returning to the supply chain, and establishing industry standards for recycled material certification. The two parties plan to achieve technological synergy through joint industrial deployment and large-scale system integration.

SMX's technology creates a digital record by embedding molecular markers in materials, enabling full traceability of supply chain information. This system, in conjunction with the company's Plastic Circular Token (PCT), transforms certified recycled materials into tradable assets.

REDWAVE, headquartered in Austria, provides high-speed sorting detection systems for recycling facilities worldwide. The CEO of SMX stated in a declaration, "This collaboration is a critical step." This marks a further expansion of SMX's industrial collaboration footprint, including the Singapore plastic passport program and multi-brand partnerships.

Please note that this advertisement is not endorsed by Investing.com; see the disclaimer or close the advertisement. This announcement continues SMX's recent strategic layout in establishing globally verifiable standards for renewable materials.

The information comes from an SMX press release, and both parties did not disclose financial terms or specific implementation timelines.

Recently, SMX launched the world's first national plastic passport system in Singapore, in collaboration with the Agency for Science, Technology and Research (ASTAR). By using its molecular marking technology, a digital passport is embedded into plastics, enabling full lifecycle tracking. Additionally, SMX has developed a molecular marking and digital passport system to promote the standardization of international recycling certification.

The plastic passport program supported by the Singapore government relies on SMX technology to enhance recycling rates through smart plastics, achieving full-process tracking from production to reuse. To support the global plastic circular economy, SMX offers free licensing of its global plastic passport technology, aiding the advancement of the United Nations Plastic Treaty. Additionally, SMX has partnered with Bio-Packaging to apply molecular tracking technology to sustainable packaging, ensuring traceability of environmental certifications. These initiatives demonstrate SMX’s commitment to promoting global plastic recycling and sustainable development.