Water based acrylic lacquer composition
CROSS-REFERENCE TO RELATED APPLICATIONS 
     This application is a continuation-in-part application Ser. No. 867,118 filed Jan. 5, 1978, now abandoned. 
    
    
     BACKGROUND OF THE INVENTION 
     This invention is related to a coating composition and in particular to an aqueous acrylic lacquer coating composition. 
     Solvent based acrylic lacquer coating compositions have been widely used to finish automobile and truck bodies. Typical compositions that have been used are shown in Evans U.S. Pat. No. 2,849,409 issued Aug. 26, 1958, Crissey and Lowell patents U.S. Pat. Nos. 2,934,509 and 2,934,510 both issued Apr. 26, 1960 and Zimmt U.S. Pat. No. 3,823,205 issued July 9, 1974. While these compositions form high quality finishes on automobiles and trucks, they do not comply with air pollution regulations of some states and are not expected to comply with air pollution regulations that are being promulgated by many of the other states. 
     There is a need for a water based lacquer coating composition that will meet the following requirements: complys with current and future air pollution regulations, has good storage stability, forms finishes on automobiles and trucks that have a good appearance, particularly good glamour, that are free from popping and sagging, that are durable and weatherable and that can be spot repaired by using conventional techniques used for current solvent based acrylic lacquer finishes. The novel composition of this invention meets the aforesaid requirements. 
     SUMMARY OF THE INVENTION 
     The aqueous dispersion lacquer composition contains about 5-60% by weight of a binder and about 40-95% by weight of an aqueous medium; wherein the binder contains 
     a dispersed Polymer A of methyl methacrylate and optionally, an adhesion promoting constituent and optionally, other monomers that lower the glass transition temperature of the polymer and the polymer has a weight average molecular weight of about 60,000 to 110,000 measured by gel permeation chromatography using polystyrene as a standard; and 
     a dispersant Polymer B of methyl methacrylate, optionally, styrene, an alkyl methacrylate or an alkyl acrylate, each having 2-12 carbon atoms in the alkyl group, and an ethylenically unsaturated carboxylic acid and the polymer has a weight average molecular weight of about 20,000 to 70,000, measured as above; and 
     a graft copolymer of the dispersed Polymer A and the dispersant Polymer B and has a weight average molecular weight of about 50,000-80,000 measured as above; and 
     the composition contains sufficient base such as amine or ammonium hydroxide to provide a pH of about 7-9. 
     DESCRIPTION OF THE PREFERRED EMBODIMENTS 
     The aqueous dispersion lacquer composition contains a dispersed Polymer A which is a methyl methacrylate polymer or a methyl methacrylate copolymer containing adhesion promoting constituents such as diethyl amino ethyl methacrylate and optionally other monomers. The dispersed Polymer A is kept dispersed in the composition by dispersant Polymer B which is a polymer of methyl methacrylate, optionally, styrene, an alkyl acrylate or an alkyl methacrylate, each having about 2-12 carbon atoms in the alkyl groups, and an ethylenically unsaturated carboxylic acid such as acrylic acid or methacrylic acid. Sufficient base is present in the composition to form a salt of Polymer B to readily disperse Polymer B in the aqueous medium of the composition. The dispersion also contains a graft copolymer of the dispersed Polymer A and the dispersant Polymer B and makes Polymers A and B more compatible. 
     One unique aspect of this composition is that upon application to a substrate, the aqueous medium evaporates leaving Polymers A and B and the graft copolymer of A and B. Polymer B is not soluble in Polymer A and forms discrete particles in Polymer A which becomes a continuous phase. The graft copolymer, since it contains both Polymers A and B, stabilizes the composition and facilitates formation of particles of Polymer B. A finish results in which Polymer A is a continuous phase in which particles of Polymer B are dispersed and theoretically the graft copolymer is at the interface of Polymers A and B. Polymer A which does not contain groups such as carboxylic groups or hydroxyl groups that are affected by moisture or solvents forms a protective film that remains glossy and durable even when exposed to extended periods of moisture and weathering. Polymer B which contains carboxyl groups which are necessary to form a stable aqueous dispersion and optionally, hydroxyl groups, and the graft copolymer which is associated with Polymer B are in the form of discrete particles in the continuous film of Polymer A and hence protected from moisture and weathering. 
     In preparation of the coating composition, Polymers A and B are prepared by solution polymerization in the same reaction vessel. Monomers for Polymer A, solvents and a polymerization initiator are added to a reaction vessel and heated to about 60°-150° C. for about 30 minutes to 4 hours to form Polymer A. Usually temperatures of about 85°-125° C. are used for about 2-4 hours. 
     Then monomers for Polymer B, solvents and a polymerization initiator are added to the vessel containing the above prepared Polymer A and heated for about the same time and to about the same temperatures as indicated above to form Polymer B. During polymerization that forms Polymer B, the graft copolymer of Polymer A and B is formed. A sufficient amount of a base is added so that the polymers can readily be dispersed in aqueous medium and then water is added to form the aqueous acrylic lacquer coating composition. 
     Polymer A has a weight average molecular weight of about 60,000 to 110,000 and a number average molecular weight of about 25,000 to 50,000 determined by gel permeation chromatography using polystyrene as a standard. 
     Polymer B has a weight average molecular weight of about 20,000 to 70,000 and a number average molecular weight of about 12,000 to 25,000 determined by gel permeation chromatography using polystyrene as a standard. The polymer has an acid number of about 20 to 120. 
     The graft copolymer of Polymers A and B has a weight average molecular weight of about 50,000-80,000 and a number average molecular weight of about 20,000-40,000  determined as above. The graft copolymer has an acid number of about 10-60. 
     About 0.1-4% by weight, based on the weight of the monomers used to prepare either polymer A or B, of a polymerization initiator is utilized. Typical initiators are azo-bisisobutyronitrile, azo-bis(αγ-dimethylvaleronitrile), benzoyl peroxide and tertiary butyl peroxypivalate. Chain transfer agents can be used to control the molecular weight such as 2-mercaptoethanol, lauryl mercaptan, and the like. 
     Typical solvents that can be used in the polymerization process are methanol, isopropanol, n-propanol, butanol, diacetone alcohol and other alcohols, acetone, acetyl acetone, ethylene glycol monoethylether, ethylene glycol monobutylether, diethylene glycol monobutylether, and the like. Solvents of limited water solubility can also be used such as methyl ethyl ketone, toluene, xylene and the like. 
     Polymer A is of methyl methacrylate but can contain up to 5% of polymerized ethylenically unsaturated adhesion promoting monomers. Preferably about 0.5-1.5% by weight of the adhesion promoting monomer is used. Typical adhesion promoting monomers are alkyl amino alkyl acrylates or methacrylates of the formula: ##STR1## in which R 1  is either hydrogen or methyl 
     R 2  is an aliphatic hydrocarbon group having 1-6 carbon atoms, and 
     R 3  and R 4  are either hydrogen, or an aliphatic saturated hydrocarbon group having 1-6 carbon atoms 
     Typical alkyl amino acrylates or methacrylates that are used to form the polymer used in this invention are: dimethylaminoethyl methacrylate, diethylaminoethyl methacrylate, dipropylaminoethyl methacrylate, methylethylaminoethyl methacrylate, butylaminoethyl methacrylate, tertiarybutylaminoethyl methacrylate, diethylaminopropyl methacrylate, diethylaminobutyl methacrylate, diethylaminopentyl methacrylate, diethylaminohexyl methacrylate and the like. Preferred are dimethylaminoethyl methacrylate, diethylaminoethyl methacrylate and tertiarybutylamino ethyl methacrylate, since these compounds form a high quality product and are readily available. 
     One particularly preferred polymer contains about 99% by weight methyl methacrylate and 1% by weight of diethylaminoethyl methacrylate. 
     Up to about 15% by weight of other polymerizable ethylenically unsaturated monomers can be used to prepare Polymer A to change the glass transition temperature. Typical monomers that can be used are alkyl acrylates and alkyl methacrylates having 2-18 carbon atoms in the alkyl groups. Butyl methacrylate is one preferred monomer. Acrylonitrile can also be used. 
     Polymer B is of methyl methacrylate, an alkyl methacrylate or an alkyl acrylate wherein the alkyl groups have 2-12 carbon atoms and an ethylenically unsaturated carboxylic acid. Optionally, up to 25% by weight of styrene can be used in Polymer B. One typical polymer contains about 15-60% by weight of methyl methacrylate, 37-73% by weight of an alkyl acrylate or methacrylate and 3-12% by weight of an ethylenically unsaturated acid. Another typical polymer contains about 5-20% by weight styrene, 10-40% by weight methyl methacrylate, 37-73% by weight of an alkyl acrylate or methacrylate and 3-12% by weight of ethylenically unsaturated acid. 
     Typical alkyl acrylates and methacrylates that can be used are as follows: ethyl acrylate, propyl acrylate, butyl acrylate, hexyl acrylate, octyl acrylate, nonyl acrylate, lauryl acrylate, ethyl methacrylate, propyl methacrylate, butyl methacrylate, isobutyl methacrylate, hexyl methacrylate, octyl methacrylate, nonyl methacrylate, lauryl methacrylate and the like. 
     Typical acids are acrylic acid, methacrylic acid, itaconic acid, maleic acid and the like. 
     One useful polymer contiains methyl methacrylate, butyl acrylate and acrylic acid in weight ratio of 38/55/7. Another useful polymer contains styrene, methyl methacrylate, butyl acrylate and maleic acid in a weight ration of 20/23/47/10. Polymer B can contain up to 10% by weight an usually about 2-8% by weight of a hydroxy alkyl acrylate or methacrylate having 2-4 carbon atoms in the alkyl group. Typical hydroxy alkyl acrylate and methacrylates are hydroxy ethyl acrylate, hydroxy propyl acrylate, hydroxy butyl acrylate, hydroxy ethyl methacrylate, hydroxy propyl methacrylate, hydroxy butyl methacrylate and the like. 
     A typical Polymer B of the above type contains about 30-60% by weight of methyl methacrylate, 35-52% by weight of an alkyl acrylate or methacrylate having 2-12 carbon atoms in the alkyl group, 2-8% by weight of a hydroxy alkyl acrylate or methacrylate having 2-4 carbon atoms in the alkyl group and 3-10% by weight of acrylic acid or methacrylic acid. One useful polymer comprises methyl methacrylate, butyl acrylate, hydroxy ethyl acrylate and acrylic acid in a weight ratio of about 40/47/6.5/6.5. 
     The amounts of Polymers A and B and the graft copolymer present in the composition are about 35-94% by weight of Polymer A, 5-40% by weight of Polymer B and 1-40% by weight of the graft copolymer. Generally, the composition contains about 40-65% by weight of Polymer A, 5-25% by weight of Polymer B, and 10-35% by weight of the graft copolymer. 
     After the polymers are prepared a sufficient amount of a base such as ammonium hydroxide, quaternary ammonium hydroxide or amine is added to Polymers A and B and graft copolymers so that the polymers can be dispersed in water. Additional base can be added to adjust the pH of the resulting composition to about a pH of 7-9. Typical bases that can be used are primary amines, secondary amines, tertiary amines, polyamines, hydroxyamines, or quaternary ammonium hydroxide, such as ethanolamine, diethanolamine, triethanolamine, N-methylethanol amine, N,N-diethylethanolamine, N-aminoethanolamine, N-methyldiethanolamine, monoisopropanolamine, diisopropanolamine, triisopropanolamine, hydroxyamine, butanolamine, hexanolamine, methyl diethanolamine, N,N-diethylaminoethylamine, ethylene diamine, diethylene triamine, diethylene tetramine, hexamethylene tetramine, triethylamine, tetramethyl ammonium hydroxide and the like. Under some circumstances sodium hydroxide or potassium hydroxide or other inorganic bases can be used. 
     The coating composition can contain a plasticizer. If a plasticizer is used about 5-40% by weight of the binder is plasticizer and about 60-95% by weight of the binder is Polymers A and B and graft copolymer. The following are typically useful plasticizer: butyl benzyl phthalate, tributyl citrate, certain polyester resins, certain alkyd resins, polystyrene, poly alpha methyl styrene, poly alkyl acrylates of a low molecular weight, polyalkylene ethers, styrene/alkyl acrylate polymers of a low molecular weight and styrene/alkyl methacrylate polymers of a low molecular weight. 
     Typical polyester resins that are useful plasticizers are an esterification product of a polyol, a dicarboxylic acid or an anhydride of a dicarboxylic acid, a nondrying oil and optionally an aromatic monocarboxylic acid. One useful polyester plasticizer is the esterification product of phthalic anhydride, coconut oil, adipic acid, ethylene glycol and benzoic acid. 
     The coating composition is capable of complying with current solvent emission standards of 0.34 kilograms of solvent per liter of paint. In general the organic solvent content of the coating composition is kept as low as possible but up to 70% of the volatile material of the composition may be organic solvents. Such a composition may be used to repair finishes at the end of a production line or at a repair facility. 
     It is preferred to use about 2-6% by weight of high boiling organic solvents in the composition in which Polymer A is soluble. After application on a substrate of a composition containing the preferred solvents discrete particles of Polymer B are readily formed as the composition is drying while Polymer A remains in solution. The graft copolymer in general remains at the interface of Polymers A and B. When the resulting finish is completely dry after being baked at elevated temperatures, Polymer A forms a continuous phase and Polymer B forms discrete particles in the continuous phase and the graft copolymer is at the interface. Typically useful high boiling solvents are diethylene glycol monobutyl ether and N-methyl pyrrolidone. 
     Generally, the coating composition is pigmented. Pigments are generally used in a pigment to binder weight ratio of about 1/100 to about 150/100. 
     The pigments are introduced into the coating composition by first forming a mill base with a compatible dispersing resin by conventional techniques such as sand grinding, attritor grinding or ball milling. Then the mill base is blended with the film-forming binder as shown in the Examples. A blend of Polymers A and B and graft copolymers or Polymer B alone described above can be used as dispersing resins. Polyester resins or other acrylic resins can also be used as dispersing resins. One useful acrylic resin is of methyl methacrylate/butyl acrylate/acrylic acid in a weight ratio 50/30/20 or 56/34/10. These acrylic resins are described in U.S. Pat. No. 3,980,602 issued Sept. 14, 1976 to H. L. Jakubauskas. 
     The following are examples of the great variety of pigments which are used in the coating composition: metallic oxides, preferably titanium dioxide, zinc oxide, and the like, metal hydroxides, metal flakes, such as aluminum flake, bronze flake, &#34;Afflair&#34; pigments, i.e., mica-coated with titanium dioxide, metal powders, chromates, such as lead chromates, sulfides, sulfates, carbonates, carbon black, silica, talc, china clay, phthalocyanine pigments such as copper phthalocyanine blue, iron blues, organic reds, organic maroons, and other organic pigments. 
     While the inventor does not wish to be held to this theory, it is speculated that the pigment and the dispersing resin become associated with Polymer B and the graft copolymer in the resulting finish after the composition has been applied and baked. This phenomenon provides a finish with an excellent depth of color. 
     About 0.1 to 1% by weight, based on the weight of the binder, in addition to the other binder constituents of ultraviolet light absorbers can be added to the coating composition. Typical ultraviolet light absorbers are substituted benzophenone derivatives, such as 2,4-dihydroxy benzophenone, a polymeric reaction product of orthohydroxybenzophenone/formaldehyde/phenol, dibenzoate of diphenylol propane, nonyl phenyl benzoate, 2,4-dihydroxyacetophenone, substituted benzotriazoles, such as 2-(2&#39;-hydroxy-5&#39;-methylphenyl)benzotriazole, and the like. 
     About 0.1-5% by weight, based on the weight of the binder, of iron pyrophosphate can be added to the coating composition to improve certain properties of the composition such as improved resistance to deterioration of finishes caused by high humidity. One typically useful iron pyrophosphate is prepared according to the teachings of Jackson U.S. Pat. No. 3,074,895 issued Jan. 22, 1963. 
     About 0.01-1% by weight, based on the weight of the binder, of silicone anticratering agents can be used such as polyalkene oxide siloxanes and silicone glycol copolymers. 
     Up to about 5% by weight based on the weight of the binder, and usually 0.5-4% by weight of a crosslinking agent is added to the composition to react with the carboxyl groups of Polymer B, and the graft copolymer, and if present, the hydroxyl groups of Polymer B and the graft copolymer to render these groups inactive. Capping agents can also be used to inactivate these groups. These groups in Polymer B and the graft copolymer, if not inactivated by a crosslinking agent or a capping agent during baking of the finish after application to a substrate, are affected by moisture and can cause a color change with certain pigments. 
     Typical crosslinking agents that can be used are epoxy resins, melamine formaldehyde resins, alkylated melamine formaldehyde resins, benzoguanamine formaldehyde resins, phenol formaldehyde resins. Typical capping agents hydroxy alkyl amides such as beta hydroxy alkyl amides. Typical amide agents are bis(N,N-dihydroxyethyl)adipamide, dihydroxyethyl valeramide and dihydroxyethyl hexanamide. 
     The amount of crosslinking agent is at a low level sufficient only to react with the carboxyl groups and, if present, the hydroxyl groups of Polymer B and the graft copolymer so that a finish of the composition can be spot repaired using conventional techniques that are used to spot repair acrylic lacquer finishes. 
     A finish resulting from the coating composition of this invention is not crosslinked. A test to determine whether or not a finish is crosslinked is as follows: a film of a coating composition, 2 mils thick, is prepared by applying the coating composition to a glass substrate and baking it for about 2 hours at 160° C. and then removing the film; the film is immersed in methylene chloride at about 20° C. for 2 hours; if the film substantially disintegrates it is not crosslinked. If it does not disintegrate and is still self supporting when removed; it is crosslinked. According to the above test, finishes prepared from coating compositions of this invention are not crosslinked when small amounts of crosslinking agents are added as shown above to inactive carboxyl and hydroxyl groups. 
     The coating compositions of this invention can be applied to a substrate by any of the usual application methods, such as spraying, electrostatic spraying, dipping, brushing flow coating and the like. These coatings are baked at about 150° to 225° C. for 15 to 45 minutes. The resulting finish is about 0.1-5 mils thick, preferably 1-3 mils thick, and has good gloss. The coating composition of the invention does not yellow on baking and gives a hard, durable, scratch-resistant, gasoline-resistant, weather-resistant, alkali-resistant, glossy coating which is suitable finish for automobile and truck bodies. 
     A pigmented coating of the coating composition can be applied to a substrate and then a clear coating can be applied directly over the pigmented coating before it has dried to form a finish that has an excellent appearance. To improve outdoor durability and weatherability, both the clear coating and the pigmented coating can contain ultraviolet light absorber. 
    
    
     The following examples illustrate the invention. All parts and percentages are on a weight basis unless indicated otherwise. Molecular weight determinations are made by gel permeation chromatography using polystyrene as the standard. Samples for molecular weight determination of the polymer are either the polymer as prepared or fractions of the total polymer prepared according to conventional solvent fractionation techniques. 
     EXAMPLE 1 
     The following constituents are charged into a five liter reaction vessel equipped with a stirrer, reflux condenser, thermometer and a heating mantle: 
     
         ______________________________________                                    
                     Parts by Weight                                      
______________________________________                                    
Portion 1                                                                 
Methyl methacrylate monomer                                               
                       891.3                                              
Diethylamino ethyl methacrylate monomer                                   
                       8.9                                                
Methyl ethyl ketone    231.81                                             
Xylene                 147.4                                              
Portion 2                                                                 
Azobisisobutyronitrile 3.8                                                
Methyl ethyl ketone    40.2                                               
Portion 3                                                                 
Methyl methacrylate monomer                                               
                       206.3                                              
Diethylamino ethyl methacrylate monomer                                   
                       1.9                                                
Methyl ethyl ketone    94.8                                               
Diethylene glycol monobutyl ether                                         
                       118.0                                              
Azobisisobutyronitrile 3.8                                                
Portion 4                                                                 
Methyl methacrylate monomer                                               
                       171.7                                              
Butyl acrylate monomer 250.0                                              
Acrylic Acid monomer   31.0                                               
Diethylene glycol monobutyl ether                                         
                       88.2                                               
Azobisisobutyronitrile 9.1                                                
Portion 5                                                                 
Dimethyl ethanol amine 38.3                                               
Portion 6                                                                 
Water                  1700.0                                             
Total                  4036.51                                            
______________________________________                                    
 Portion 1 is charged into the reaction vessel and heated to its reflux
 temperature with constant agitation and then portion 2 is added and the
 resulting mixture is held at its reflux temperature for 15 minutes.
 Portion 3 is added over a 70 minute period while maintaining the mixture
 at its reflux temperature and the mixture is held at this temperature for
 an additional 10 minutes. Portion 4 is slowly and continuously added over
 a 60 minute period while maintaining the mixture at its reflux temperature
 and then the mixture is held at its reflux temperature an additional 20
 minutes. Heating of the mixture is stopped and portion 5 is added over a
 15 minute period and the mixture is held for 45 minutes to allow
 neutralization of the acid to occur and then portion 6 is added over a 60
 minute period to form an aqueous dispersion lacquer.
 
    
     The aqueous dispersion lacquer has a film forming polymer solids content of about 39% by weight. The film forming polymer is about 60% by weight of a dispersed polymer of methyl methacrylate/diethylaminoethyl methacrylate in a weight ratio of 99/1 having a weight average molecular weight of about 87,000 and about 10% by weight of a dispersant polymer of methyl methacrylate/butyl acrylate/acrylic acid in a weight ratio of 38/55/7 having a weight average molecular weight of about 47,000 and about 30% by weight of a graft copolymer of the above polymers and have a weight average molecular weight of about 50,000-60,000. 
     WHITE LACQUER PREPARATION 
     A white mill base is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Titanium dioxide pigment  53.84                                           
Acrylic Resin Solution (70% solids                                        
of a polymer of methyl methacrylate/                                      
butylacrylate/ acrylic acid in a                                          
weight ratio of 56/34/10 in iso-                                          
propanol solvent)                                                         
Dimethylamino ethane      1.12                                            
Water                     31.84                                           
Total                     100.00                                          
______________________________________                                    
 
    
     The above constituents are charged into a standard sand mill and ground for 45 minutes to form a mill base. 
     A white lacquer paint No. 1 is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aqueous Dispersion Lacquer                                                
                          187.77                                          
(prepared above)                                                          
Alkyd resin solution (85% alkyd                                           
                          23.53                                           
resin in toluene of a resin of cocoanut                                   
oil/ethylene glycol/phthalic                                              
anhydride having an Acid No.                                              
Number of about 5-10, a hydroxyl                                          
number 15-20 and a Gardner Holdt                                          
viscosity of about y-z.sub.1 measured                                     
at 85% solids at 25° C.)                                           
White Mill base (prepared above)                                          
                          92.94                                           
Diethylene glycol monobutyl ether                                         
                          20.00                                           
Dimethyl ethanol amine    0.37                                            
Water                     33.05                                           
Total                     357.66                                          
______________________________________                                    
 
    
     The above constituents are thoroughly mixed together to form a white lacquer paint that is sprayed onto phosphatized steel panels primed with a conventional alkyd resin primer and sealed with an epoxy resin sealer. The resulting coating is allowed to dry at room temperature for about 10 minutes and then baked at 75° C. for about 10 minutes followed by baking at about 165° C. for about 30 minutes to form a tough, hard, durable and glossy finish. 
     The finish has a gloss measured at 60° of 89.2 and a gloss measured at 20° of 78.3 and a hardness of 13.0  knoops and is gasoline resistant. 
     A white lacquer paint No. 2 is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aqueous Dispersion Lacquer                                                
                          187.77                                          
(prepared above)                                                          
Alkyd resin solution      23.53                                           
(described above)                                                         
White Mill Base(prepared above)                                           
                          92.94                                           
Diethylene glycol monobutylether                                          
                          20.00                                           
Bis(N,N-dihydroxyethyl)adipamide                                          
                          3.00                                            
Dimethyl ethanol amine    0.37                                            
Water                     54.51                                           
Total                     382.12                                          
______________________________________                                    
 
    
     The above paint is spray applied to a phosphatized steel panel primed and sealed as above and baked as above. The resulting finish is tough, hard, durable and glossy as the above finish and has excellent humidity resistance. 
     BLUE LACQUER PREPARATION 
     A blue mill base is prepared as follows: 
     
         ______________________________________                                    
                       grams                                              
______________________________________                                    
Phthalocyanine blue pigment                                               
                         667.00                                           
Acrylic Resin Solution   276.00                                           
(described above)                                                         
Dimethyl ethanol amine   27.00                                            
Water                    1330.00                                          
Total                    2300.00                                          
______________________________________                                    
 
    
     The above constituents are charged into an attritor and ground for 3 hours to form a mill base. 
     An aluminum mill base is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aluminum Flake Paste      469.00                                          
(65% aluminum flake in                                                    
mineral spirits)                                                          
Acrylic resin solution    292.00                                          
(described above)                                                         
Dimethyl ethanol amine    26.10                                           
Diethylene glycol monobutyl ether                                         
                          117.03                                          
Total                     904.13                                          
______________________________________                                    
 
    
     The above constituents are mixed together for about 3 hours to form a mill base. 
     A black mill base is prepared as follows: 
     
         ______________________________________                                    
                      grams                                               
______________________________________                                    
Carbon black pigment    60.00                                             
Acrylic Resin Solution  66.00                                             
(described above)                                                         
Dimethyl ethanol amine  5.71                                              
Water                   489.34                                            
                        621.05                                            
______________________________________                                    
 
    
     The above constituents are charged into an an attritor and ground for 6 hours to form a mill base. 
     A light blue metallic paint is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aqueous Dispersion Lacquer                                                
                          202.08                                          
(prepared above)                                                          
Alkyd resin solution (described above)                                    
                          23.53                                           
Blue mill base (prepared above)                                           
                          1.15                                            
White mill base (prepared above)                                          
                          0.20                                            
Black mill base (prepared above)                                          
                          0.66                                            
Aluminum mill base (prepared above)                                       
                          4.96                                            
Diethylene glycol monobutyl ether                                         
                          20.00                                           
Dimethyl ethanol amine    0.37                                            
Water                     60.90                                           
Total                     313.85                                          
______________________________________                                    
 
    
     The paint is spray applied to a phosphatized steel panel primed and sealed as above and baked as above. The resulting finish is tough, hard, durable and glossy. The finish has a gloss measured at 20° of 78.0 and a gloss measured at 60° of 88.0 and good humidity and gasoline resistance. 
     An attempt is made to prepare an aqueous dispersion lacquer by first forming the aforementioned dispersed polymer of methyl methacrylate/diethylaminoethyl methacrylate. Then in a second polymerization vessel the dispersant polymers of methyl methacrylate/butyl acrylate/acrylic acid is prepared. The above prepared dispersed polymer and dispersant polymer are thoroughly blended together and sufficient dimethyl ethanol amine is added to neutralize the acid and then water is added to provide a composition having a 39% polymer solids content. The resulting mixture does not produce a stable dispersion and the polymers rapidly separate and settle out. 
     EXAMPLE 2 
     The following constituents are changed into a five liter polymerization vessel equipped as in Example 1: 
     
         ______________________________________                                    
                    Parts by Weight                                       
______________________________________                                    
Portion 1                                                                 
Methyl methacrylate monomer                                               
                      895.6                                               
Methyl ethyl ketone   220.0                                               
Xylene                140.0                                               
Portion 2                                                                 
Azobisisobutyronitrile                                                    
                      3.8                                                 
Methyl ethyl ketone   38.0                                                
Portion 3                                                                 
Methyl methacrylate monomer                                               
                      197.5                                               
Methyl ethyl ketone   90.0                                                
Xylene                112.0                                               
Azobisisobutyronitrile                                                    
                      3.8                                                 
Portion 4                                                                 
Methyl methacrylate monomer                                               
                      187.0                                               
Butyl acrylate monomer                                                    
                      219.0                                               
2-Hydroxyethyl acrylate monomer                                           
                      31.0                                                
Acrylic acid monomer  31.0                                                
Methyl ethyl ketone   60.0                                                
Azobisisobutyronitrile                                                    
                      8.8                                                 
Portion 5                                                                 
Dimethylamino ethanol amine                                               
                      38.1                                                
Portion 6                                                                 
Water                 1800.0                                              
Total                 4075.6                                              
______________________________________                                    
 
    
     Portion 1 is charged into the reaction vessel and heated to its reflux temperature with constant agitation and then portion 2 is added and the resulting mixture is held at its reflux temperature for 15 minutes. Portion 3 is added over a 80 minute period while maintaining the mixture at its reflux temperature and the mixture is held at this temperature for an additional 10 minutes. Portion 4 is slowly and continuously added over a 60 minute period while maintaining the mixture at its reflux temperature and then holding the mixture at its reflux temperature an additional 20 minutes. Heating of the mixture is stopped and portion 5 is added over a 15 minute period and the mixture is held for 45 minutes to allow neutralization of the acid to occur and then portion 6 is added over a 60 minute period to form an aqueous dispersion lacquer. 
     The aqueous dispersion lacquer has a film forming polymer solids content of about 38% by weight. The film forming polymer is about 60% by weight of a dispersed polymer of methyl methacrylate having a weight average molecular weight of about 85,400-102,000 and 10% by weight of a dispersant polymer of methyl methacrylate, butyl acrylate, hydroxyethyl acrylate and acrylic acid in a weight ratio of about 40/47/6.5/6.5 having a weight average molecular weight of about 47,000-65,000 and about 30% by weight of a graft copolymer of the above polymers having a weight average molecular weight of about 50,000-60,000. 
     A light blue lacquer paint is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aqueous dispersion lacquer                                                
                          202.08                                          
(prepared above)                                                          
Alkyd resin solution      23.53                                           
(described in Example 1)                                                  
Blue mill base            1.15                                            
(prepared in Example 1)                                                   
White mill base           0.20                                            
(prepared in Example 1)                                                   
Black mill base           0.66                                            
(prepared in Example 1)                                                   
Aluminum mill base        4.96                                            
(prepared in Example 1)                                                   
Diethylene glycol monobutyl ether                                         
                          20.00                                           
Dimethyl ethanol amine    0.37                                            
Water                     60.90                                           
Total                     313.85                                          
______________________________________                                    
 
    
     The above constituents are thoroughly mixed together to form a light blue lacquer paint that is sprayed onto phosphatized steel panels primed and sealed as in Example 1. The resulting finish is baked as in Example 1 to form a hard, tough, durable, glossy and weatherable finish. The finish has a gloss measured at 20° of 77 and a gloss measured at 60° of 88.5, a hardness of 11.5 knoops and has good gasoline resistance and is craze resistant. 
     EXAMPLE 3 
     The following constituents are charged into a five liter polymerization vessel equipped as in Example 1: 
     
         ______________________________________                                    
                      Parts by Weight                                     
______________________________________                                    
Portion 1                                                                 
Methyl methacrylate monomer                                               
                        1010.5                                            
Diethylamino ethyl methacrylate monomer                                   
                        10.1                                              
Xylene                  159.0                                             
Methyl ethyl ketone     272.1                                             
Portion 2                                                                 
Azobisisobutyronitrile  4.3                                               
Methyl ethyl ketone     45.6                                              
Portion 3                                                                 
Methyl methacrylate monomer                                               
                        233.9                                             
Diethylamino ethyl methacrylate monomer                                   
                        2.2                                               
Methyl ethyl ketone     107.5                                             
Diethylene glycol monobutyl ether                                         
                        133.8                                             
Azobisisobutyronitrile  4.3                                               
Portion 4                                                                 
Methyl methacrylate monomer                                               
                        57.6                                              
Butyl acrylate monomer  223.4                                             
Acrylic acid monomer    27.4                                              
Azobisisobutyronitrile  6.4                                               
Diethylene glycol monobutyl ether                                         
                        88.2                                              
Portion 5                                                                 
Dimethyl ethanol amine  33.9                                              
Portion 6                                                                 
Water                   1700.0                                            
Total                   4120.2                                            
______________________________________                                    
 
    
     Portion 1 is charged into the reaction vessel and heated to its reflux temperature with constant agitation and then portion 2 is added and the resulting mixture is held at its reflux temperature for 15 minutes. Portion 3 is added over a 70 minute period while maintaining the mixture at its reflux temperature and the mixture is held at this temperature for an additional 10 minutes. Portion 4 is slowly and continuously added over a 60 minute period while maintaining the mixture at its reflux temperature and then holding the mixture at its reflux temperature an additional 20 minutes. Heating of the mixture is stopped and portion 5 is added over a 20 minute period and the mixture is held for 45 minutes to allow neutralization of the acid to occur and then portion 6 is added over a 60 minute period to form an aqueous dispersion lacquer. 
     The aqueous dispersion lacquer has a film forming polymer solids content of about 38% by weight. The film forming polymer is about 60% by weight of a dispersed polymer of methyl methacrylate and diethyl amino ethyl methacrylate in a 99/1 weight ratio and has a weight average molecular weight of about 85,400-102,000 and 10% weight of a dispersant polymer of methyl methacrylate, butyl acrylate, and acrylic acid in a weight ratio of about 19/72/9 and has a weight average molecular weight of about 47,000-65,000 and about 30% by weight of a graft copolymer of the above polymers having a weight average molecular weight of about 50,000 to 60,000. 
     A white lacquer paint is prepared as follows: 
     
         ______________________________________                                    
                         grams                                            
______________________________________                                    
Aqueous Dispersion Lacquer 187.77                                         
(prepared above)                                                          
Alkyd resin solution (described                                           
                           23.53                                          
in Example 1)                                                             
White mill base (prepared in Example 1)                                   
                           92.42                                          
Diethylene glycol monobutyl ether                                         
                           20.00                                          
Dimethyl ethanolamine      0.37                                           
Water                      33.05                                          
Total                      357.14                                         
______________________________________                                    
 
    
     The above constituents are thoroughly mixed together to form a white lacquer paint that is sprayed onto phosphatized steel panels primed and sealed as in Example 1. The resulting finish is baked as in Example 1 to form a hard, tough, durable, glossy and weatherable finish. 
     EXAMPLE 4 
     The following constituents are charged into a polymerization vessel equipped as in Example 1: 
     
         ______________________________________                                    
                      Parts by Weight                                     
______________________________________                                    
Portion 1                                                                 
Methyl methacrylate monomer                                               
                        891.0                                             
Diethylamino ethyl methacrylate monomer                                   
                        4.6                                               
Methyl ethyl ketone     220.0                                             
Xylene                  140.0                                             
Portion 2                                                                 
Azobisisobutyronitrile  3.8                                               
Methyl ethyl ketone     38.0                                              
Portion 3                                                                 
Methyl methacrylate monomer                                               
                        196.5                                             
Diethylamino ethyl methacrylate monomer                                   
                        1.0                                               
Methyl ethyl ketone     90.0                                              
Xylene                  112.0                                             
Azobisisobutyronitrile  3.8                                               
Portion 4                                                                 
Methyl methacrylate monomer                                               
                        181.0                                             
Butyl acrylate monomer  219.0                                             
2-Hydroxyethyl acrylate monomer                                           
                        31.0                                              
Methacrylic acid monomer                                                  
                        37.0                                              
Methyl ethyl ketone     60.0                                              
Azobisisobutyronitrile  8.8                                               
Portion 5                                                                 
Dimethyl ethanol amine  35.6                                              
Portion 6                                                                 
Water                   1800.0                                            
Total                   4073.1                                            
______________________________________                                    
 
    
     Portion 1 is charged into the reaction vessel and heated to its reflux temperature with constant agitation and then portion 2 is added and the resulting mixture is held at its reflux temperature for 15 minutes. Portion 3 is added over an 80 minute period while maintaining the mixture at its reflux temperature and the mixture is held at this temperature for an additional 10 minutes. Portion 4 is slowly and continuously added over a 60 minute period while maintaining the mixture at its reflux temperature and then holding the mixture at its reflux temperature an additional 20 minutes. Heating of the mixture is stopped and portion 5 is added over a 15 minute period and the mixture is held for 45 minutes to allow neutralization of the acid to occur and then portion 6 is added over a 60 minute period to form an aqueous dispersion lacquer. 
     The aqueous dispersion lacquer has a film forming polymer solids content of about 38% by weight. The film forming polymer is about 60% by weight of a dispersed polymer of methyl methacrylate and diethylamino ethyl methacrylate in a weight ratio of about 99.5/0.5 and has a weight average molecular weight of about 85,400-102,000 and 10% by weight of a dispersant polymer of methyl methacrylate, butyl acrylate, hydroxy ethyl acrylate and acrylic acid in a weight ratio of about 39/47/7/7 and has a weight average molecular weight of about 47,000-65,000 and about 30% by weight of a graft copolymer of the above polymers that has a molecular weight of about 50,000 to 60,000. 
     A coating composition is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aqueous dispersion lacquer                                                
                          200.00                                          
(prepared above)                                                          
Alkyd resin solution      23.53                                           
(described in Example 1)                                                  
Diethylene glycol monobutyl ether                                         
                          20.00                                           
Water                     10.00                                           
Total                     253.53                                          
______________________________________                                    
 
    
     The above constituents are thoroughly mixed together to form a coating composition that is drawn down with a wire wound rod onto a phosphatized steel panel and baked as in Example 1 to form a finish that is hard, tough, durable, glossy and weatherable. 
     EXAMPLE 5 
     The following constituents are charged into a five liter reaction vessel equipped with a stirrer, reflux condenser, thermometer and a heating mantle: 
     
         ______________________________________                                    
                      Parts by Weight                                     
______________________________________                                    
Portion 1                                                                 
Methyl methacrylate monomer                                               
                        886.3                                             
Diethylamino ethyl methacrylate monomer                                   
                        9.3                                               
Methyl ethyl ketone     220.0                                             
Xylene                  140.0                                             
Portion 2                                                                 
Azobisisobutyronitrile  3.8                                               
Methyl ethyl ketone     38.0                                              
Portion 3                                                                 
Methyl methacrylate monomer                                               
                        195.5                                             
Diethylamino ethyl methacrylate monomer                                   
                        2.0                                               
Methyl ethyl ketone     90.0                                              
Diethylene glycol monobutyl ether                                         
                        112.0                                             
Azobisisobutyronitrile  3.8                                               
Portion 4                                                                 
Methyl methacrylate monomer                                               
                        187.0                                             
Butyl acrylate monomer  250.0                                             
Acrylic Acid monomer    31.0                                              
Methyl ethyl ketone     60.0                                              
Azobisisobutyronitrile  8.8                                               
Portion 5                                                                 
2-Amino-2-methyl-1-propanol                                               
                        38.3                                              
Portion 6                                                                 
Water                   1800.0                                            
Total                   4075.8                                            
______________________________________                                    
 
    
     Portion 1 is charged into the reaction vessel and heated to its reflux temperature with constant agitation and then portion 2 is added and the resulting mixture is held at its reflux temperature for 15 minutes. Portion 3 is added over an 80 minute period while maintaining the mixture at its reflux temperature and the mixture is held at this temperature for an additional 10 minutes. Portion 4 is slowly and continuously added over a 60 minute period while maintaining the mixture at its reflux temperature and then holding the mixture at its reflux temperature an additional 20 minutes. Heating of the mixture is stopped and portion 5 is added over a 15 minute period and held for 45 minutes to allow neutralization of the acid to occur and then portion 6 is added over a 60 minute period to form an aqueous dispersion lacquer. 
     The aqueous dispersion lacquer has a film forming polymer solids content of about 38% by weight. The film forming polymer is about 60% by weight of a dispersed polymer of methyl methacrylate/diethylaminoethyl methacrylate and a weight average molecular weight of about 85,400-102,000 and 10% by weight of a dispersant polymer of methyl methacrylate, butyl acrylate and acrylic acid in a weight ratio of about 40/53/7 and has a weight average molecular weight of about 47,000-65,000 and about 30% by weight of a graft copolymer of the above polymer having a weight average molecular weight of about 50,000 to 60,000. 
     A coating composition is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aqueous dispersion lacquer                                                
                          200.00                                          
(prepared above)                                                          
Alkyd resin solution      23.53                                           
(described in Example 1)                                                  
Diethylene glycol monobutyl ether                                         
                          20.00                                           
Water                     10.00                                           
Total                     253.53                                          
______________________________________                                    
 
    
     The above constituents are thoroughly mixed together to form a coating composition that is drawn down with a wire wound rod onto a phosphatized steel panel and baked as in Example 1 to form a finish that is hard, tough, durable, glossy and weatherable. 
     EXAMPLE 6 
     The following constituents are charged into a five liter reaction vessel equipped with a stirrer, reflux condenser, thermometer and a heating mantle: 
     
         ______________________________________                                    
                    Parts by Weight                                       
______________________________________                                    
Portion 1                                                                 
Methyl methacrylate monomer                                               
                      808.5                                               
Methyl ethyl ketone   215.6                                               
Xylene                125.9                                               
Portion 2                                                                 
Azobisisobutyronitrile                                                    
                      3.4                                                 
Methyl ethyl ketone   36.1                                                
Portion 3                                                                 
Methyl methacrylate monomer                                               
                      187.0                                               
Methyl ethyl ketone   85.1                                                
Diethylene glycol monobutyl ether                                         
                      106.0                                               
Azobisisobutyronitrile                                                    
                      3.4                                                 
Portion 4                                                                 
Methyl methacrylate monomer                                               
                      97.9                                                
Styrene monomer       81.6                                                
Butyl acrylate monomer                                                    
                      191.8                                               
Methacrylic acid monomer                                                  
                      36.9                                                
Diethylene glycol monobutyl ether                                         
                      75.0                                                
Azobisisobutyronitrile                                                    
                      6.1                                                 
Portion 5                                                                 
Methyl methacrylate monomer                                               
                      158.3                                               
Diethyleneglycol monobutyl ether                                          
                      27.0                                                
Azobisisobutyronitrile                                                    
                      1.6                                                 
Portion 6                                                                 
Dimethylethanolamine  38.3                                                
Water                 100.0                                               
Portion 7                                                                 
Water                 1600.0                                              
Total                 3985.5                                              
______________________________________                                    
 
    
     Portion 1 is charged into the reaction vessel and heated to its reflux temperature with constant agitation and then portion 2 is added and the resulting mixture is held at its reflux temperature for 15 minutes. Portion 3 is added over a 75 minute period while maintaining the mixture at its reflux temperature and the mixture is held at this temperature for an additional 10 minutes. Portion 4 is slowly and continuously added over a 45 minute period while maintaining the mixture at its reflux temperature and immediately after, portion 5 is added over a 15 minute period. The mixture is then held at its reflux temperature an additional 20 minutes. Heating of the mixture is stopped and portion 6 is added over a 20 minute period and the mixture is held for 45 minutes to allow neutralization of the acid to occur and then portion 7 is added over a 60 minute period to form an aqueous dispersion. 
     The aqueous dispersion lacquer has a film forming polymer solids content of about 40% by weight. The film forming polymer is about 60% by weight of a dispersed polymer of methyl methacrylate having a weight average molecular weight of about 80,000-100,000 and about 10% by weight of a dispersant polymer of methyl methacrylate/styrene/butyl acrylate/acrylic acid in a weight ratio of 24/20/47/9 having a weight average molecular weight of about 20,000-40,000 and 30% by weight of a graft copolymer of the dispersed polymer and the dispersant polymer having a weight average molecular weight of about 50,000-60,000. 
     A coating composition is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aqueous dispersion lacquer                                                
                          200.00                                          
(prepared above)                                                          
Alkyd resin solution      23.53                                           
(described in Example 1)                                                  
Diethylene glycol monombutyl ether                                        
                          20.00                                           
Water                     10.00                                           
Total                     253.53                                          
______________________________________                                    
 
    
     The above constituents are thoroughly mixed together to form a coating composition that is drawn down with a wire wound rod onto a phosphatized steel panel and baked as in Example 1 to form a finish that is hard, tough, durable, glossy and weatherable. 
     EXAMPLE 7 
     The following constituents are charged into a five liter reaction vessel equipped with a stirrer, reflux condenser, thermometer and a heating mantle: 
     
         ______________________________________                                    
                    Parts by Weight                                       
______________________________________                                    
Portion 1                                                                 
Methyl methacrylate monomer                                               
                      711.5                                               
Butyl methacrylate monomer                                                
                      97.0                                                
Methyl ethyl ketone   215.6                                               
Xylene                125.9                                               
Portion 2                                                                 
Methyl ethyl ketone   36.1                                                
Azobisisobutylronitrile                                                   
                      3.4                                                 
Portion 3                                                                 
Methyl methacrylate monomer                                               
                      187.0                                               
Butyl methacrylate monomer                                                
                      22.4                                                
Methyl ethyl ketone   85.1                                                
Diethylene monobutyl ether                                                
                      106.0                                               
Azobisisobutyronitrile                                                    
                      3.4                                                 
Portion 4                                                                 
Methyl methacrylate monomer                                               
                      179.5                                               
Butyl acrylate monomer                                                    
                      191.8                                               
Methacrylic acid monomer                                                  
                      36.9                                                
Diethylene glycol monobutyl ether                                         
                      75.0                                                
Azobisisobutyronitrile                                                    
                      6.1                                                 
Portion 5                                                                 
Methyl methacrylate monomer                                               
                      139.3                                               
Butyl methacrylate monomer                                                
                      19.0                                                
Diethylene glycol monobutyl ether                                         
                      27.0                                                
Azobisisobutyronitrile                                                    
                      1.6                                                 
Portion 6                                                                 
Dimethylethanolamine  38.3                                                
Water                 100.0                                               
Portion 7                                                                 
Water                 1600.0                                              
Total                 4007.9                                              
______________________________________                                    
 
    
     Portion 1 is charged into the reaction vessel and heated to its reflux temperature with constan agitation and then portion 2 is added and the resulting mixture is held at its reflux temperature for 15 minutes. Portion 3 is added over a 75 minute period while maintaining the mixture at its reflux temperature and the mixture is held at this temperature for an additional 10 minutes. Portion 4 is slowly and continuously added over a 45 minute period while maintaining the mixture at its reflux temperature and immediately after, portion 5 is added over a 15 minute period. The mixture is then held at its reflux temperature an additional 20 minutes. Heating of the mixture is stopped and portion 6 is added over a 20 minute period and the mixture is held for 45 minutes to allow neutralization of the acid to occur and then portion 7 is added over a 60 minute period to form an aqueous dispersion. 
     The aqueous dispersion lacquer has a film forming polymer solids content of about 40% by weight. The film forming polymer is about 60% by weight of a dispersed polymer of methyl methacrylate and butyl methacrylate in a weight ratio of 88/12 having a weight average molecular weight of about 80,000-100,000 and about 10% by weight of a dispersant polymer of methyl methacrylate/butyl acrylate/methacrylic acid in a weight ratio of 44/47/9 having a weight average molecular weight of about 20,000-40,000 and 30% by weight of a graft copolymer of the dispersed polymer and the dispersant polymer having a weight average molecular weight of about 50,000-60,000. 
     A coating composition is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aqueous dispersion lacquer                                                
                          200.00                                          
(prepared above)                                                          
Alkyd resin solution      23.53                                           
(described in Example 1)                                                  
Diethylene glycol monobutyl ether                                         
                          20.00                                           
Water                     10.00                                           
Total                     253.53                                          
______________________________________                                    
 
    
     The above constituents are thoroughly mixed together to form a coating composition that is drawn down with a wire wound rod onto a phosphatized steel panel and baked as in Example 1 to form a finish that is hard, tough, durable, glossy and weatherable. 
     EXAMPLE 8 
     The following constituents are charged into a five-liter reaction vessel equipped with a stirrer, reflux condenser, thermometer and a heating mantle; 
     
         ______________________________________                                    
                    Parts by Weight                                       
______________________________________                                    
Portion 1                                                                 
Methyl methacrylate monomer                                               
                      900.2                                               
Methyl ethyl ketone   231.81                                              
Xylene                147.7                                               
Portion 2                                                                 
Azobisisobutyronitrile                                                    
                      3.8                                                 
Methyl ethyl ketone   40.2                                                
Portion 3                                                                 
Methyl methacrylate monomer                                               
                      208.2                                               
Methyl ethyl ketone   94.8                                                
Diethylene glycol monobutyl ether                                         
                      118.0                                               
Azobisisobutyronitrile                                                    
                      3.8                                                 
Portion 4                                                                 
Methyl methacrylate monomer                                               
                      171.7                                               
Butyl acrylate monomer                                                    
                      250.0                                               
Acrylic Acid monomer  31.0                                                
Diethylene glycol monobutyl ether                                         
                      88.2                                                
Azobisisobutyronitrile                                                    
                      6.8                                                 
Portion 5                                                                 
Dimethyl ethanol amine                                                    
                      38.3                                                
Water                 100.0                                               
Portion 6                                                                 
Water                 1600.00                                             
Total                 4034.51                                             
______________________________________                                    
 
    
     Portion 1 is charged into the reaction vessel and heated to its reflux temperature with constant agitation and then portion 2 is added and the resulting mixture is held at its reflux temperature for 15 minutes. Portion 3 is added over a 70 minute period while maintaining the mixture at its reflux temperature and the mixture is held at this temperature for an additional 10 minutes. Portion 4 is slowly and continuously added over a 60 minute period while maintaining the mixture at its reflux temperature. The mixture is then held at its reflux temperature an additional 20 minutes. Heating of the mixture is stopped and portion 5 is added over a 20 minute period and the mixture is held for 45 minutes to allow neutralization of the acid to occur and then portion 6 is added over a 60 minute period to form an aqueous polymer dispersion. 
     The resulting aqueous polymer dispersion has a polymer weight solids content of about 39%. The polymer content comprises 60 parts of dispersed polymer A of methyl methacrylate having a weight average molecular weight of about 80,000 12 parts by weight of a dispersant polymer B of methyl methacrylate, butyl acrylate and acrylic acid and having a weight average molecular weight of about 30,000 and 28 parts by weight of a graft copolymer of A and B having a weight average molecular weight of about 56,000. 
     A coating composition is prepared as follows: 
     
         ______________________________________                                    
                        grams                                             
______________________________________                                    
Aqueous dispersion lacquer                                                
                          200.00                                          
(prepared above)                                                          
Alkyd resin solution      23.53                                           
(described in Example 1)                                                  
Diethylene glycol monobutyl ether                                         
                          20.00                                           
Water                     10.00                                           
Total                     253.53                                          
______________________________________                                    
 
    
     The above constituents are thoroughly mixed together to form a coating composition that is drawn down with a wire wound rod onto a phosphatized steel panel and baked as in Example 1 to form a finish that is hard, tough, durable, glossy and weatherable.