A process for preparing a dispersion comprising the stages: i) providing a dispersion comprising a particulate solid, a liquid medium and a dispersant having cross-linkable groups and a weight averaged molecular weight of from 1,000 to 70,000; and ii) cross-linking the dispersant in the presence of the particulate solid and the liquid medium thereby preparing a dispersion of an encapsulated particulate solid, wherein the cross-linking is performed such that 0.01 to 0.5 mmoles of cross-linkable groups in the dispersant are cross-linked per g of dispersant; said process also comprising at any stage: iii) adding a metal chelating agent to the dispersion; and after stage iii) the stage of: iv) removing at least some of the metal chelating agent from the dispersion.