OPE Wax, also known as Oxidized Polyethylene Wax, is a type of wax that's produced by treating polyethylene, a type of polymer, with oxygen under specific conditions. This process oxidizes the polyethylene, which results in a product that has the characteristics of both a wax and a fine powder. Oxidized Polyethylene Wax is commonly used in many industries due to its excellent compatibility with polar resins, superior wetting property, and high cost performance. It's often used as a processing aid in plastics to improve the fluidity and demoulding of PVC products, a lubricant in printing inks, a polishing agent in leather, and a water repellent agent in the textile industry, among other applications.