about 50 u00b0 c to from about 80 u00b0 c to melt the wax then mixed with a propeller mixer and or a homogenizer the composition is then mixed and subjected to high pressure high shear processing to obtain a stable homogeneous oil in water dispersion of the wax the average ph of the composition is from about 5 0 to 5 5 the composition typically has a specific gravity of from about 0 8 to 1 00 the composition has an initial viscosity of from about 100 cps to greater than 50 000 cps after 24 hours at 25 u00b0 c the viscosity of the composition is about 1 000 cps to greater than 80 000 cps in preferred embodiments the wax and the hydrophobic solvent are first heated to the appropriate temperature to melt the wax the wax and solvent are then added to any further hydrophobic components and the aqueous phase and mixture subjected to high pressure high shear processing to obtain a stable homogeneous oil in water dispersion of the wax the preferred pressure for preparation of this dispersion is between about 11 000 to about 27 000 psi more preferably 11 000 to about 21 000 psi most preferably between.