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Thursday, June 30, 2011

Waste Paper Business

Paper recycling is the process of recovering waste paper and remaking it into new paper products.Paper is required and used for anything and everything one can think of. With hundreds of final uses, paper satisfies many important human needs.
Globally, recycling of paper is a huge business. There are global exchanges that deal in waste paper and many countries mandate the recycling of paper.Currently, the recovery of waste paper in India is low at 26% compared to say Germany at 80%, Thailand at 45% and China at 38%, according to the Indian Agro & Recycled Paper Mills Association (IARPMA) estimates.

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