This invention discloses wood preservative compositions comprising a particulate copper compound in a solvent carrier with low aromatic content. Particulate copper dispersions in this composition demonstrated superior stability, and wood treated with the composition is protected from attack by wood decay fungi and termites. The invention is also directed to wood preservative compositions comprising: (a.) a biodegradable organic solvent carrier selected from the group consisting of vegetable oil, renewable resource oil, and biodiesel; (b.) a dispersion of solid particles of a metal compound having a particle size between about 0.005 microns to about 10 microns; (c.) an organic biocide; and (d.) a dispersant; ratio of the dispersant to the metal compound is from about 1:500 to about 100:1 (wt/wt). The invention is also directed to compositions comprising penflufen and solvent carriers. The invention is also directed to methods of treating wood using the compositions, and wood treated with the disclosed compositions and methods.