The invention provides an anticorrosive surface coating composition comprising a resin system, and a hydrophobic metal oxide. The hydrophobic metal oxide is characterized by being produced via a wet process and having a surface area of at least about 350 m.sup.2/g. The invention also provides a method of producing such an anticorrosive coating composition. The invention further provides a substrate having a surface coated with the surface coating composition of the invention, as well as a method of imparting corrosion resistance to a surface of a substrate.