Making GEL/WAX from Poly Resin

I've read that a 'GEL/WAX' like substance can be made of 95% mineral oil and 5% polymer resin. This resin is a powder that, when mixed with the mineral oil, transforms it to a more 'solid state'.

This final 'solid state' is then heat melted & end prod. resembles 'transparent soap' or 'solid gel'.

Can somebody pls. elaborate on this reaction between the 2 ingredients - is there heating required or adding of other ingredients etc,etc

Stef.