The main goal of the current study is to develop new composite material from recovered composite plastic powder to have higher filler content in polyester resin matrix. The new composite is modelled on basis of the properties of new material. Such an approach requires tests of the new material. The considered target characteristics of the new material are the tensile strength, surface hardness and the cost. The multicriteria optimization problem has been formulated and solved by use of physical programming techniques and Pareto optimality concept. The designed new composites were manufactured in different mixing ratios of powder and binder agent. The strength and stiffness properties of new composite material were tested.