This is very cool. Not sure where you get the lead and the glue, but it's a really great innovation. We've got to get our kids excited about STEM careers, so we can be the ones churning out these ideas!
I imagine these pencils would be a great marketing tool and popular giveaway at conferences.
P&P Office Waste Paper Processor Turns Paper into Pencils :
The P&P Office Waste Paper Professor turns paper into pencils when you add the lead, glue, and power. It also includes a pencil sharpener on the side.photo via yankodesign