Licowax PED 121 Flakes Oxidized polyethylene wax 68441-17-8 Clariant Waxes & Paraffin >> Polyolefin modified ADHESIVE SEALANT Licowax PED 121 Flakes Oxidized, high density polyethylene wax Emulsions for citrus fruit coating and textiles. Oxidized, high density polyethylene wax. Used in adhesives and sealants.