A method of preparing an asphalt emulsion composition comprises preparing
an aqueous emulsion of a synthetic polymer and asphalt mixture, and
blending the aqueous asphalt/polymer emulsion with reclaimed rubber
particles wherein the ratio of polymer:rubber particles is between about
1:2 and about 1:20, by weight, respectively, at ambient temperature. The
final composition may also contain one or more solids selected from a
rheological agent, gilsonite, carbon back, surface active clay and polymer
fibers, and mixtures thereof.