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Inventories
6 Months Ended
Jun. 30, 2012
Inventories

(3) Inventories

 

Raw materials inventory includes mainly recycled paper and coal. Finished goods include mainly products of offset printing paper and corrugating medium paper. Inventories consisted of the following as of June 30, 2012 and December 31, 2011:

       
     

June 30,

2012

     

December 31,

2011

 
Raw Materials                
Recycled paper board   $ 4,002,636     $ 5,645,449  
Pulp     13,800       13,718  
Recycled printed paper     760,757       589,165  
Recycled white scrap paper     1,696,137       1,918,545  
Coal     845,488       661,891  
Base paper and other raw materials     185,387       149,306  
      7,504,205       8,978,074  
Finished Goods     1,085,988       1,029,854  
Totals   $ 8,590,193     $ 10,007,928