We have developed a resource-saving, low-waste technology for the disposal of highly toxic phenol-containing wastewater that enables to utilize phenol and formaldehyde as an organic binder. The technology involves the use of technogenic raw materials («overresin» water from the production of phenol-formaldehyde resins, soft wood waste, waste from the production and processing of laminated plastics) and processes of regeneration, recovery and conversion of phenol. The optimal technological parameters of phenol sorption on wood sorbent and secondary poly/condensation were experimentally established. This in turn provides a high degree of neutralization and extraction of resin-forming components from wastewater and subsequent production wood-polymer thermoplastic structural composite and sodium phenolate on their basis.