Could be, it has been a while since I used it but as I recall I buffed with it just lightly, then wait, then buff it to a shine after the compound in the stuff dries a bit??? Can't recall the process for sure but it worked fantastico... BUT it's kind of expensive as I recall...
IF this is the stuff I did use it on previously polished aluminum to bring it back, not old chrome as shown on the site below...
http://www.truespoke.net/XTreem.html
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