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From CNN...

AYUTTHAYA, Thailand -- A Thai elephant park has given new meaning to the phrase 'waste not, want not'.

It is raising funds by making paper from elephant dung.

Elephant keepers at Ayutthaya Elephant Park, 80 kilometers (50 miles) north of Bangkok, extract fibrous bits from the animals' dung to dry for paper and use the remaining nutrients for fertilizer.

The project is part of a program to make the park -- home to 89 elephants of various ages -- self-sustaining rather than reliant on tourist spending.

'Golden dung'

"We call it golden dung," said veterinarian Pottipong Khawnual. "We can invest the money we raise from the sale of the paper back into the camp."

"The elephant is a paper factory," camp director Sompast Meepan told Reuters.

"To produce a higher quality paper, we liquidize the pulp in a blender. (Then) we strain the paper onto a fine sieve and leave it to dry in the sun to create the final product," he said.

He said the park makes $87.4 (4,000 baht) a day from the paper, which is cream colored and has no smell -- proving, as another popular saying goes, that 'where there's muck there's brass'.

"In one day we can make 200 pieces of recycled paper and each is sold for 20 baht."

Reuters contributed to this report.

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