A thermoplastic moldable, extrudable, uniform, water-dispersable copolymer capable of being moldable into a product by a molding process having moieties consisting-essentially of thefollowing formulation: ##STR1## wherein R' is an alkyl group having 1 to 6 carbon atoms, y has a ratio of x from 0.2 to 0.8, and wherein the molecular weight is from about 10,000 to about 100,000 and has a ratio of MW