Oxidized polyethylene wax also known as OPE wax. It is an excellent new type of polar wax. OPE wax has special properties such as low viscosity, high softening point and good hardness. It has no toxicity, good thermal stability, low volatility at high temperature, excellent dispersibility to fillers and pigments, excellent external lubricity and Strong internal lubrication, but also coupled, its performance is comparable to the US Honeywell AC wax. It can improve the production efficiency of plastic processing, reduce the production cost, has good compatibility with polyolefin resin, etc. It has good moisture resistance at normal temperature, strong chemical resistance, excellent electrical properties, and can improve the appearance of finished products. It can replace the products of Mengdan wax, Sichuan wax, liquid paraffin, microcrystalline paraffin, natural paraffin and polyethylene wax, etc, and its performance is comparable to that of the Honeywell A-C wax.