Flame retardancy and mechanical properties of polyolefinic mixed waste plastics/filler composites were investigated by using inorganic flame retardant(magnesium hydroxide) and PUB(polyurethane block) powder generated from cryogenic insulation process. All composites were obtained by extrusion and after compression molding. The effect of PUB powder on the properties of the composites was studied by tensile and izod impact test, morphology studies and flammability as LOI and UL94 vertical burning test and smoke density. The objective of this work is to obtain good mechanical properties from recycled PP composites with $Mg(OH)_{2}/PUB$ powder as fillers and optimum cost-performance balance, in addition to flame retardant characteristics.