A better & cost effective alternative to Cement paint, ideal for dry climates. Exterior Emulsion is a-100% water based paint. Made of suitable pigments, it is ideal for dry climates. It has higher resistance to cracking and its Matt finish makes it a less expensive alternative to cement paint. Economy Exterior Emulsion is a water-based exterior wall finish suitable for dry to moderately humid climatic conditions. It gives neat and clean shades that do not fade and last longer than cement paint shades. It is available in over 1500 attractive shades including strong / dark shades that provide excellent hiding.