Hi! I've posted about this on some other forums but I thought you guys might be interested as well!
I'm doing a lot of high vacuum stuff, and this gets expensive fast, if one were to do things by the book. The standard high vacuum epoxy, Torr Seal (by Varian) is very expensive, and the generic high vacuum epoxy, Hysol 1C is not available in EU.
EDIT: I got around to making a quick video on how to use the wax for sealing purposes, I hope it's OK I attach it here:Apparantly, in the olden days, a red wax was used to seal vacuum systems, make glass-to-metal seals etc. well into the 20th century. A famous example is Lawrence's first 4-inch cyclotron in 1930:

I found a recipe in a review from 1936 (L. Walden, J. sci. instrum. 13, 345) that describes "Faraday wax" - as first described by Michael Faraday in "Chemical Manipulation" from 1827.
By weight:
1 pt. yellow beeswax
5 pt. colophony (Rosin)
1 pt. Venetian red Melt beeswax, add rosin gradually, add Venetian red and stir until uniform, stir while cooling. I poured mine into strips on baking paper to be touched to the preheated surfaces to be joined. Can also be applied with brush if used directly from the melting pot. Mine melted nicely around 130-140*C
I sealed a KF25 flange with a 10mm hole with a small brass plate, by first waxing the sealing surfaces and then pressing together after reheating.
Mounted on my turbo-pump vacuum system.
THIS 200 YEAR OLD NATURAL PRODUCT WENT DOWN TO 10^-7 mbar!-No increase in pump-down time, ultimate vacuum or turbo pump load. I was stunned!
So yeah, this is well worth having a stick of around! Only downside is, it can't be heated. duh.