Abstract: Formaldehyde-free aqueous binder compositions, their preparation, and their use to prepare engineered composite products, where the aqueous binder has at least some solids content, the aqueous binder including a carbohydrate polymer in an amount of about 5% to about 90% of the solids content, by weight; a copolymer of an alkenyl aromatic with at least one of an acrylate or diene in an amount of about 1% to about 40% of the solids content, by weight; and urea in an amount of about 2% to about 90% of the solids content, by weight.