Comprehensive Restructuring to Reduce Total Debt by Over $300 Million and Position the Company for Long-Term Growth

“Pre-Packaged” Plan Supported by 100% of Voting Financial Creditors No Impact on Business Operations HOUSTON, Dec. 4, 2023 /PRNewswire/ — North America’s largest glass recycler, Strategic Materials, Inc. (the “Company” or “SMI”), announced a comprehensive restructuring to position the…