How To posted by Allison K. Difficulty: Easy. Chopping Board. Lip Balm Containers (recycle small containers or buy the lip balm tubes (fills 10 approx) or 3-6 tins or containers holding ¼ oz or ½ oz quantities. Method: Boil water in the bottom saucepan of the double boiler. Cut the Beeswax roughly. This homemade lip balm is SO EASY to make. Homemade Beeswax Lip Balm Recipe (All-Natural and Toxin Free!) Why would I want alcohol on my lips to dry them out? 1/4 cup beeswax pastilles or (beeswax block, grated) 1/4 cup shea butter; 1 tbsp coconut oil; 40 drops peppermint essential oils* (about 1/2 tsp) Empty lip balm tubes; Instructions ! 28 drops Wintergreen Essential Oils Seriously - you can make it in 5 minutes or less - no word of a lie! Dec 13, 2012 - DIY Banana Lip Balm . I love that I don't have to worry about added acids and alcohol and the other chemicals that they add into store bought lip balms. Makes 18 lip balm tubes. DIY Natural and Easy Chapstick Ingredients. Chopping Knife. 1 1/2 oz (3 tablespoons) Coconut Oil 1 oz (2 tablespoons) Cocoa Butter 1 oz (2 tablespoons) Beeswax 3 drops Vitamin E Oil. Cost: 3/5. Steps: 5 Ingredient. 20 Lip Balm Containers. Free tutorial with pictures on how to make a lip balm in under 120 minutes by making beauty products with containers, coconut oil, and beeswax. It has only three ingredients, all of which are completely natural.