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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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