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It is an important chemical raw material and additive, composed of C16 and C18 saturated fatty acids,with general chemical properties of organic and acid. Widelyused in food, ubber, plastics, ires, cosmetics,plastic cold resistant plasticizers release agents,stabilizers,surfactants, rubber vulcanizaton promoters, waterproofing agentspolishing agents, metal soaps, metal mineral flotation agents, softeners, pharmaceuticals, and other organic chemicals. It can also be used as a solvent for oil soluble pigments, a wax pencil smoothing agent, and a wax paper polishing agent.
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