pls explain possibility , emulsifier and form

Hi everyone,
i was checking a ZnO cream of a brand where the ingredients are:
water
glycerine
paraffin oil  R hlb 10
beeswax R hlb  12
m,p parabens
sesame oil  R hlb 7
 
correct me please if i am wrong:
i am seeing no emulsifier,true?
if there is one, which one.
is not its better with paraffin oil to include antioxident
how the formula should be to obtain cream?

thanks in advance

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