A process for recycling or decomposing waste plastic where such wasteplastic is decomposed in a diluent such as hot oil through actions involvingfree radical precursor, such as polyvinyl chloride or polyurethane, is achievedat low temperature. The structural component is composed of plastic and is manufactured as a moulded part, and which includes in at least partial regions thereof two or more fabric layers which are overmoulded with a thermoplastic polymer. In an alternate implementation, the component may be constructed by first stacking a plurality of layers of amorphous metal strips, laminating the layers and then cutting the object to form the component.