I found this a while back posted on another forum. A guy was asking the same question about making a wax and DoDo Factory was kind enough to answer. I would post the link but not sure how that would go over with AG.
BTW the guy that asked the question now has his own wax product and DoDo Juice was kind enough to help out (Rubbish Boy's Juiced Edition).
There are various wax recipes and experiments to try, and I found that turpentine was by far the best solvent as just using coconut oil created a wax that took far too long to 'dry' on the paintwork, meaning you would smear it. But here's the simplest recipe ever for a coconut oil based car wax (you could also use it for a furniture wax or ski/surf wax, I'm fairly sure).
20g Carnauba flakes
5g Beeswax
50ml Coconut Oil
Firstly, melt the carnauba flakes and beeswax granules in the small glass jar (within a saucepan of boiling water), or double boiler. The beeswax will melt far more quickly than the carnauba, which turns to an amber liquid. When completely molten, stir in the coconut oil, and reheat whilst stirring until the mixture is completely liquid again. Remove the glass jar from the saucepan and allow to cool gradually and naturally for two hours, or even better, overnight. A hard wax will be left behind...
The interesting thing is for you now to try and increase the carnauba content from its present 27% strength - try 30g of Carnauba and see what happens... you may want to keep an eye on manufacturer's percentage figures from that moment on In fact, you can play around with the basic recipe and make it as complicated as you like (I had about 10 ingredients going in at one stage), but you don't get much better on a home stove. The main improvement is using a drying oil like turpentine oil for the solvent, as it is better to buff off.
