An unsaturated polyester resin was prepared that was based on the reaction of oligomers obtained from the depolymerization of poly (ethylene terephthalate) bottle waste products, with both maleic anhydride and sebacic acid. The structure of the polyester obtained was confirmed by spectral analyses (IR and NMR) spectroscopy. Water-extended polyester resin was prepared from polyester through curing with styrene in the presence of various amounts of water with benzoyl peroxide as an initiator. The mechanical properties of the prepared water-extended polyester, as well as scanning electron microscopy, were investigated. The process of recycling PET bottle wastes is commercially important because it converts a waste material into useful value-added products. The appearance and density of WEP composites based on recycled PET bottle wastes are favorable for many consumer products and many practical applications. One of these applications is the production of art figures. The use of water-extended polyester based on recycled poly(ethylene terephthalate) waste for the preparation of decorative art objects and statues was investigated. Therefore, three pharaonic statues representing Tutankhamen, Nefertiti, and a black head of a cat were prepared.