Slack wax

Slack wax, a mixture of oil and wax, is a by product of the base oil refinery process, which serves as a feed stock and is further refined to produce parafin wax. Slack wax can be used as blending components or water proofing agent in the manufacture of various industrial products such as candles, canvas coatings and composite wood panels.

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Slack wax I
Slack wax II