A system for producing enhanced wax alternatives, including a high shear device comprising a rotor and a stator, and configured to process petroleum wax and base oil with a hydrogen-containing gas under shearing conditions to form a feedstock, wherein at least one of the rotor and the stator comprises a toothed surface; and a reactor comprising a reactor inlet and a reactor outlet, and configured for hydrogenation of the feedstock for a time sufficient to produce enhanced hydrogenated products, wherein the high shear device is in fluid communication with the reactor, whereby the feedstock is transferable therebetween.