Performance Waxes and Candles
Performance waxes and candles represent a very large opportunity in a market undergoing significant supply disruption.
Over 95 percent of the wax used today is paraffin-based, but the supply of paraffin is in decline. Shifts in petroleum refining have lead to the loss of over 2 billion pounds of paraffin capacity in the US and EU since 1996. This creates significant opportunities for vegetable waxes.
Our NatureWax® products hold the major share in the growing soy and vegetable candle wax market in the US. Please visit our NatureWax website at www.naturewax.com.
With our partner Tetramer Technologies LLC, we have developed a significant technological advantage, producing novel waxes and wax derivatives from metathesis-modified triglycerides, or plant-based oils.
We are currently commercializing renewable plant-based waxes for polishes, adhesives, architectural coatings, and more, avoiding the supply, performance and price issues of paraffin, beeswax, carnuba and other limited performance waxes and additives.