Singapore and SMX Cement Global Leadership Role in Plastics Sustainability With Global Plastics Passport Technology

Rhea-AI Summary

SMX (NASDAQ:SMX) has partnered with Singapore to launch the world's first national plastic passport program, marking a significant breakthrough in global plastics sustainability. The program leverages SMX's molecular marking technology to create verifiable global passports for plastics, enabling tracking throughout their lifecycle.

Singapore generates approximately 957,000 tonnes of plastic waste annually, with 94% being incinerated. The initiative could potentially redirect one-third of this waste, avoiding S$27 million in incineration fees while unlocking S$75 million in certified resin value, resulting in a S$100 million annual compliance dividend. Across ASEAN, this represents an addressable market of about S$4.2 billion annually.

The technology introduces Plastic Cycle Tokens (PCTs), one-to-one financial instruments backed by molecular markers and audit trails, transforming recycling into a tradable asset system.

Positive

• First-ever national deployment of SMX's plastic passport technology at government level
• Potential S$100 million annual compliance dividend for Singapore
• Addressable market of S$4.2 billion annually across ASEAN
• Creation of new tradable asset class through Plastic Cycle Tokens (PCTs)
• Strategic positioning of Singapore as ASEAN's sustainability testbed

Negative

• Current 94% plastic waste incineration rate in Singapore indicates significant infrastructure challenges
• Requires substantial system-wide changes to existing recycling frameworks
• Implementation costs and timeline not specified in the announcement

NEW YORK, NY / ACCESS Newswire / September 4, 2025 / For decades, the global debate over plastic waste has been defined more by ambition than by results. Policymakers set targets, global brands pledged billions, and NGOs pressed for accountability. Yet the frameworks underpinning recycling were never designed to succeed. They focused narrowly on PET bottles and food-grade rPET, leaving industrial polymers, automotive resins, textiles, and electronics out of the loop. With such gaps, even the most determined programs fell short.

Singapore has decided to change that equation. Its launch of the world's first national plastic passport program-developed with research powerhouse ASTAR and enabled by SMX (NASDAQ:SMX)-turns recycling from a patchwork of good intentions into true national infrastructure. At its core, SMX technology permanently marks plastics at the molecular level, providing them with a verifiable global passport that tracks their entire lifecycle from manufacturing through recycling. The result is a system built on proof rather than promises, one that takes sustainability out of the realm of aspiration and into execution.

And with it, Singapore secures a first-mover advantage with positive implications that can reach far beyond its borders. Don't mistake the intent, here.

Cementing ASEAN's Testbed for the Future

Singapore's leadership is not only about environmental stewardship; it is also about economic and geopolitical positioning. ASEAN is on track to become one of the world's largest consumer markets, and aligning its production standards with those of Europe, Japan, and the U.S. will define future trade flows. By embedding traceability into plastics now, Singapore positions itself as the testbed where multinational brands, regulators, and manufacturers converge. Whoever sets the rules in Singapore sets the precedent others will follow.

The numbers underscore the opportunity. Singapore generates about 957,000 tonnes of plastic waste annually, of which 94% is incinerated. Redirecting just a third of that waste into an SMX-verified loop would avoid S$27 million in incineration fees while unlocking S$75 million in certified resin value - a compliance dividend worth over S$100 million per year. Replicated across ASEAN, this blueprint represents an addressable market of about S$4.2 billion annually. What might look like a costly regulatory mandate elsewhere is being reframed in Singapore as a lever for competitiveness, investment, and resilience.

This is the power of first-mover advantage. Just as Singapore became a hub for global finance and logistics by building trust and infrastructure ahead of its peers, it is now doing the same with plastics sustainability. The country's early action ensures it will be the reference point for standards, trading systems, and cross-border compliance throughout Asia.

SMX Provides the Technology Backbone For plastics

Singapore earns the spotlight for leading, but it's SMX's technology that makes such leadership viable. SMX embeds invisible molecular markers into plastics, providing them with a verifiable global plastics passport that can be tracked, trusted, and certified worldwide. That passport allows brands, recyclers, and regulators to prove claims, certify value, and create auditable data across borders. In practice, it converts recycling from a compliance burden into a system of tradable assets.

Every kilogram of plastic that carries an SMX-provided global passport can also be paired with a Plastic Cycle Token (PCT), a one-to-one financial instrument backed by the molecular marker and its audit trail. Unlike carbon credits, which have suffered from accountability issues, PCTs are transparent, measurable, and auditable. They allow recyclers to monetize verified output, brands to hedge compliance risks, and investors to treat recycling as a new commodity class. In short, SMX turns waste into wealth and sustainability into a driver of profitability.

SMX Earns Its Defining Moment On The World Stage

For SMX, the partnership with Singapore is a defining moment. Years of research and pilots have culminated in the first national deployment of its platform, endorsed at the government level and designed to serve multinational stakeholders. This isn't a pilot; it's proof at scale. The nation gains its first-mover advantage, ASEAN gains a model ready for replication, and SMX gains validation as both technology enabler and market architect.

What Singapore is showing the world is simple: intent alone is not enough. Proof is what matters. By marrying ambition with infrastructure, and sustainability with economic reward, the nation has staked its claim as the global leader in plastics sustainability. And in doing so, it has given SMX the proving ground to turn decades of work into a category-defining market model.

References

1. National Environment Agency (NEA). Waste & Recycling Statistics 2014 - 2023. Singapore: NEA; 2024.

2. Shunpoly.com. "How Much Plastic Is Wasted Each Year in Singapore?" Accessed 5 August 2025.

3. National Environment Agency (NEA). Waste-Statistics & Overall Recycling (interactive dashboard). Updated 2024; accessed 5 August 2025.

4. National Environment Agency (NEA). Mandatory Packaging Reporting portal. Accessed 5 August 2025.

5. Singapore Statutes Online. Environmental Public Health (Public Cleansing) Regulations - Incineration gate-fee schedule; revised 2024.

6. National Environment Agency (NEA). "New Licensing Regime for General Waste Disposal Facilities." Technical brief & dialogue-session slides; 2024.

7. Nasdaq.com. "SMX Announces Planned Launch of World's First Plastic Cycle Token." Press release; 2024.

8. Yahoo! Finance. "SMX Plastic Cycle Token Is a Functional Market-Driven Solution…" News article; 2024.

9. Los Angeles Tribune. "Carbon Credits Had Their Day… Now the SMX Plastic Cycle Token…" Feature article; 2025.

10. National Environment Agency (NEA). Refuse Collection Fees for Households. Revised 2024; accessed 5 August 2025.

About SMX

As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy.

Forward-Looking Statements

The information in this press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "contemplate," "continue," "could," "estimate," "expect," "forecast," "intends," "may," "will," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company's fight against abusive and possibly illegal trading tactics against the Company's stock; successful launch and implementation of SMX's joint projects with manufacturers and other supply chain participants of gold, steel, rubber and other materials; changes in SMX's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX's ability to develop and launch new products and services, including its planned Plastic Cycle Token; SMX's ability to successfully and efficiently integrate future expansion plans and opportunities; SMX's ability to grow its business in a cost-effective manner; SMX's product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX's business model; developments and projections relating to SMX's competitors and industry; and SMX's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company's shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX's business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX's filings from time to time with the Securities and Exchange Commission.

EMAIL: info@securitymattersltd.com

SOURCE: SMX (Security Matters) Public Limited

View the original press release on ACCESS Newswire

FAQ

What is SMX's plastic passport technology and how does it work?

SMX's technology embeds invisible molecular markers into plastics, creating verifiable global passports that track and certify plastics throughout their entire lifecycle from manufacturing through recycling.

How much could Singapore save through SMX's plastic passport program?

Singapore could potentially save S$27 million in incineration fees and generate S$75 million in certified resin value, resulting in a total compliance dividend of over S$100 million per year.

What are Plastic Cycle Tokens (PCTs) introduced by SMX?

PCTs are one-to-one financial instruments backed by molecular markers and audit trails, allowing recyclers to monetize verified output, brands to hedge compliance risks, and investors to treat recycling as a commodity class.

How much plastic waste does Singapore currently generate and recycle?

Singapore generates 957,000 tonnes of plastic waste annually, with 94% currently being incinerated rather than recycled.

What is the potential market size for SMX's plastic passport technology in ASEAN?

The technology represents an addressable market of approximately S$4.2 billion annually across the ASEAN region.