Peter Ashby wrote

snip very useful & informed advice

The Anobium punctatum's main source of food is wood. Do they also eat
paper, food scraps? What else are they partial to?

You want the specialised paper feeders for that one, consult a
librarian's group for lots of gruesome stories there.

No, they only eat wood. and generally they're quite picky about what type of
wood, too. Both softwood and hardwood can be affected, but they prefer sapwood
to heartwood. Because of this you very rarely see serious damage to structural
timbers caused by Common Furniture Beetle (House Longhorn Beetle is a different
story).. Chipboard and plywood are very vulnerable as they are largely made of
sapwood. I once saw a big old house where all the electrical intake gear was
hanging on its wires because the ply backboards had all been turned to dust by
woodworm.

You cannot transfer an infection, except by moving infected timber. The adult
beetles emerge from the flight holes from late May to early August and live
about 3 - 4 weeks. They don't eat anything, but are strong fliers and can
travel long distances. After mating the female lays her eggs in cracks,
crevices and old flight holes in suitable timber and then dies. The larva hatch
after about 4-5 weeks and then start boring galleries in the wood, gradually
growing in size. Eventually they form a pupal chamber near the surface and
emerge as beetles after 6 - 8 weeks and the life cycle starts all over again.
The whole cycle can be as short as a year, but more often is up to 4 years.

The best DIY treatment I know of is Cuprinol Woodworm Killer
http://tinyurl.com/3g3e8
All infected timber taken out of the house should ideally be burned.

Peter