Peat wax
Encyclopedia
Peat Wax is a dark waxy substance extracted from peat
Peat
Peat is an accumulation of partially decayed vegetation matter or histosol. Peat forms in wetland bogs, moors, muskegs, pocosins, mires, and peat swamp forests. Peat is harvested as an important source of fuel in certain parts of the world...

 using organic solvents. It is very similar to the coal derived Montan wax
Montan wax
Montan wax, also known as lignite wax or OP wax, is a hard wax obtained by solvent extraction of certain types of lignite or brown coal. Commercially viable deposits exist in only a few locations, including Amsdorf, Germany, and in the Ione Basin near Ione, California.-Properties:Its color ranges...

and therefore has similar properties and uses. Raw peat wax is typically a mixture of three primary components, namely asphalt, resins and wax.
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