#$%^&*AU2015201096A120150319.pdf#####H:\KYG\Intrwovn\NRPortbl\DCC\KYG\7519067_ .doc-3/03/2015 ABSTRACT The invention relates to a composition for treating wood comprising at least one wood preserving compound and a carrier, wherein said carrier is an emulsion or microemulsion 5 having a water to oil ratio of greater than 30 up to 92.5 water to 7.5 to less than 70 oil, wherein the oil has a flash point above 61C. The invention also relates to methods of treating wood with the composition.