Abstract: A composition and method for forming paving and floor blocks suitable for use on industrial floors and the like in which the finished blocks are water and abrasion resistant. The composition includes wood particles and formaldehyde resin and may include paraffin base wax for increased mold release characteristics, as well as pigments for block coloration. The method includes mixing the materials of the composition, pouring the composition into a mold, compressing the composition in the mold, and baking the mold with composition therein to cure the mixture and form the block.