The triethanolamine and oleic acid are mixed in a heavy duty mixer until completely reacted with each other. With continuous stirring the preheated chlorinated paraffin oil is added next. Rutile titanium dioxide and ATOMITE are added slowly and mixed until thoroughly dispersed. Finally, the Natrosol solution and then the Polyvinyl-Acetate Homopolymer Emulsion Binder is added slowly. The mixing is continued until a homogeneous mixture is formed.