The waste material processing system of the present invention includes a (1) waste material supply; (2) shredder; (3) moisture reducing device; (4) crusher having a rotatable screw auger positioned within a cavity of the crusher for crushing and conveying waste material and a pressurizing device such as a conduit attached to the discharge end of the cavity for exerting a backpressure upon a portion of the waste material positioned about the second end of the auger such that a portion of the scrap glass fibers in the waste material is crushed; (5) dryer; and (6) separating device for separating waste material having a mean average length of less than about 5 millimeters from oversized dried waste material. Also provided by the present invention is a process for recycling waste material using the system.