Waxed paper is paper that has been coated with a thin layer of wax to give it its non-stick and water-resistant properties.
Why is it not recyclable?
Waxed paper is not recyclable because of the wax coating. Clean paper is recycled with water and since oil does not mix with water, the wax will only contaminate and compromise the whole batch if recycled.
Throw it in the non-recyclables bin.