Composite particles composed of solid powders and polymer were prepared by semichemical recycle of wasted plastics. Waste expanded polystyrene was used as raw materials of polymer matrix of composite particles. Both magnetite and silicon carbide powders were used as solid powders to give thermal and electric conductivity and magnetization, respectively. In the experiment, the oil-phase dissolving expanded polystyrene was dispersed in fine droplets into the continuous water phase. Two kinds of powders were added at the same time or separately in the O/W dispersion. Composite particles were found to have the structure that polymer particle was covered with two kinds of solid powders. The mean diameter of composite particles and the content of each solid powder were strongly affected by the addition time when silicon carbide powder was added into the dispersion. Furthermore, it was found that the gradient adhesion layer due to two solid powders was able to be formed on the surface of polymer particle. (C) 2003 Wiley Periodicals, Inc.