SMX and The Age of Parity: Why Recycled Plastic Is Moving From Green Promise to Economic Necessity
SMX published a thematic press release arguing that recycled plastic is shifting from an environmental choice to an economic necessity due to rising virgin plastic costs. The company cites external data, including a reported 100% spike in domestic plastic prices due to Middle East instability and World Bank estimates that 29% of global plastic waste is mismanaged.
Key figures
- Virgin plastic price increase pct
- 100%
- Global plastic waste mismanaged pct
- 29%
- Global plastic waste mismanaged tonnes
- 93 million
AI analysis
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