Abstract: The invention relates to a method for processing waste, in particular for utilising the recyclable material contained in waste, and a waste processing plant, in particular a plant processing waste fractions suitable for recycling of material. At first, the waste is pre-treated for removing undesirable matter. Fibre waste is separated from the other waste and processed into a raw material for paper or board. Plastics-containing matter is separated and processed into plastic oil by pyrolysis. The by-products from the processes and the waste fraction which remains of the processing are used as energy for the needs of the processes. The method can additionally comprise a stage in which waste wood is separated from the other waste and processed into a raw material for particleboard or equivalent.