It is tapped from the living trunks of Myroxylon balsamum (see Myroxylon). It is a brownish, sticky, semisolid mass. An essential oil is also distilled from the balsam. The balsam contains a fairly large amount of benzyl and cinnamyl esters of benzoic and cinnamic acid (benzyl benzoate, benzyl cinnamate).
It is also used as a natural remedy for skin rashes. It is a well known cause of contact dermatitis, a form of skin allergy.
Tolu has begun to be used in the niche perfume industry, notably by Ormonde Jayne Perfumery, which launched its oriental perfume Tolu in 2002, and also in 2010 by Esteban, which launched Baume Tolu.
In 1841, Henri Étienne Sainte-Claire Deville isolated toluene by the dry distillation of tolu balsam. The resin is used in traditional medicine by the people of Central America and South America. It is named for Tolú, one the pre-Columbian indigenous people of the North Colombia lowlands.
- Klemens Fiebach; Dieter Grimm (2007), "Resins, Natural", Ullmann's Encyclopedia of Industrial Chemistry (7th ed.), Wiley, p. 4
- Karl-Georg Fahlbusch; et al. (2007), "Flavors and Fragrances", Ullmann's Encyclopedia of Industrial Chemistry (7th ed.), Wiley, p. 116
- Jörg Fabri; et al. (2007), "Toluene", Ullmann's Encyclopedia of Industrial Chemistry (7th ed.), Wiley, p. 4
- James A. Duke (2009), "Tolu Balsam Tree", Duke's Handbook of Medicinal Plants of Latin America, CRC Press, pp. 474–475
- Julian H. Steward, ed. (1948), Handbook of South American Indians, 4, U.S. Government Printing Office, pp. 329–338