Here is an idea for an in-house paper recycling tool. Known as the P&P Office Waste Paper Processor (they could probably work on finding a catchier name), this compact design concept is intended to turn used office paper into a product that is always useful around the office: a pencil. Now all those worthless memos and letters can be put to good use again instead of just crowding your desk.
The act of turning an already processed material or product into a completely new product of better quality or a improved environmental value is refereed to as upcycling. For all intents and purposes, it is a form of recycling, but the distinction of upcycling is the emphasis on the improved quality from initial to final product. Turning tires into rubber mulch for playgrounds or melting varies types of plastic into one blend are easy examples of downcycling because the final products are of lesser longer term quality or value.
The internal functions of the paper to pencil device are kept under raps. While recycled paper composes the largest quantity of material used by the device, graphite, glue, and electricity would also need to be supplied for the pencils to be made.