Recycled plastic nears cost parity with virgin plastic, becoming a key economic solution amid oil market volatility.

SMX highlights a shift where recycled plastic is becoming as affordable as virgin plastic due to rising oil prices and supply chain issues. Their technology enables traceability and certification of recycled materials, reducing uncertainty and making recycled plastic a reliable, cost-effective alternative. This shift, called the "Age of Parity," could stabilize prices for everyday goods by lessening dependence on volatile virgin plastic tied to oil markets. The move towards certified recycled plastic is positioned as both an environmental and economic necessity for modern life.