EEE is a TERRIBLE buffing compound for any finish or plastic. The abrasive is tripoli (read: triple-"e", EEE). This is insanely abrasive compared to say, Novus or Hut PPP or my personal favorite final step, 3M's Finesse-It II (used after 12,000 MM, looks unreal).
All it seems to me to be is a wax mixed with tripoli. It does make a nice abrasive as a final wood sanding if you are going to use friction polish (not recommended as a durable finish).
I make it myself. Grind a stick of tripoli in a blender with water (use a yard-sale blender). Pour in a jar and let the powder settle out in 10 mins. Pour off the water and pour the powder paste onto a paper plate, let it air dry into a fine powder. Mix it with any paste wax, mineral spirits, etc.... Works just the same as the $15 a can stuff.
BTW, I have a small amount that I now rarely use. I consider it almost pointless when I have micromesh laying around.