Abstract: The invention relates to a process for producing a thermoformable and/or embossable particle/polymer composite using a substrate S based on shredded polymer-coated paper and a thermoplastic polymer P, therewith providing a new method of recycling/upcycling paper waste. Furthermore, a process for the manufacturing of a molded article obtained from the paper-based particle/polymer composite and its use as an element in buildings or in furniture are disclosed.