Is Microcrystalline Wax, Oxidized vegan?

Oxidized Microcrystalline Wax is also known as Microcrystalline Wax, Oxidized.

Oxidized Microcrystalline Wax is the reaction product of microcrystalline wax, a petroleum-derived wax, with oxygen, used as an emollient and texturizing agent in cosmetics.

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