Process for reclaiming paint and a paint formulation

A process for reclaiming paint compounds from water, comprising the steps of:

• maintaining said paint compounds separate by color;
• treating said paint compounds separated by color, individually and sequentially to remainder of said process steps, as follows;
• detackifying said separated paint compound by adding hydrophobic fumed silica;
• dewatering the detackified separated paint compound;
• conditioning the dewatered and detackified paint compound by the addition of a biocide to remove bacteria;
• drying the dewatered detackified paint compound to a moisture content less than about 2 percent;
• and
• particulizing the dried, dewatered, detackified paint compounds to a size less than about 20 microns.