Non thixotropic, aqueous emulsions prepared from rubber modified asphalt cement
(RMAC). The RMAC is prepared by a method whereby recycled tire rubber is liquified
or otherwise consumed by or incorporated into asphalt such that no more than 2%
by weight of solid particulate rubber remains. The RMAC may be emulsified in an
aqueous or partially aqueous emulsification solution using a one-step or multi-step
emulsification process. These aqueous RMAC emulsions are useable in many applications
including paving, seal coat, roofing and slurry seal applications.