While parchment paper can do anything wax paper can, it’s more expensive. The main difference between papers is their respective coatings. Parchment paper is coated with silicone to give it a nonstick, heat-resistant surface, and waxed paper is coated with a soybean or paraffin wax. read more
Unlike parchment paper, however, it is not heat-resistant and therefore should not be used in the oven, as the wax could melt, or even ignite. Another good option for lining baking sheets is a Silpat baking mat. read more
Wax Paper vs. Parchment Paper for Freezing Both wax paper and parchment paper can be used for freezing. For example, fold the paper to wrap fruits and vegetables, or use precut sheets as barriers between stacked cuts of meat. read more