I had never heard of MENTHOLATUM until I talked with granny about it this week! Here's what I learned! It remind me of salves. MENTHOLATUM: A Classic Remedy with Natural Roots Before modern pharmacies were everywhere, families relied on trusted remedies that combined simple science with natural ingredients. One of those timeless staples was Mentholatum a soothing ointment many people remember from childhood. Traditionally, Mentholatum was used to help with things like: -Chest congestion and cold