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Cash May Become Home Insulation
source: Annanova

A company wants to recycle defunct European cash to use as home insulation.

Seppele is already giving shredded Austrian schillings a new life.

It hopes to use up mountains of marks, francs and lira left over with the introduction of the single currency next year.

Company boss Peter Seppele said: "Bank notes are made of high-grade paper so when the money shreds we end up with a product of high-quality, which means we can produce top quality pellets for insulation."

The firm already has the patent for the production process and up to now 500 tons of old paper money has been turned into insulation material for floors.

But Germany has already earmarked most of its national paper money for recycling into fertiliser.

It plans to soak marks in a chemical solution so it can be mixed with nitrates and other ingredients to produce a liquid for spreading on crops.

In Italy, one scheme being examined is subjecting lira notes to massive pressure to compress them into bricks for building.

In Holland, a debate will be held next month on what should happen to its cash.

 

 

 

 

 

 

 

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