Abstract: A post inversion metastable syrup comprising a continuous or co-continuous rubber like composite phase and a discontinuous or co-continuous resin phase may be particulated by the application of a shear field to yield a stable syrup comprising a dispersed rubber-like composite phase and a continuous resin phase. The application of a uniform shear field to the post inversion metastable syrup is particularly desirable since it results in a high degree of control over the size and distribution of the dispersed rubber-like composite phase. As a result it is possible to optimize the particle size distribution in an impact modified thermoplastic and obtain better or a better balance of properties. The present invention also provides in cooperating arrangement reactors or devices to produce a post inversion metastable syrup, a device to subject the roetastable syrup to a shear field and a polymerization plant.