You can do the same thing with 'Kreso Dip'. http://www.brownsonlinestore.com/kreso-dip.html
Mix some (a small amount) into 2-3 gallons of water in a hand/backpack sprayer. Spray on trees/poles/ground where you expect (or have) hog traffic. They will rub the dickens out of it.
It won't attract hogs from long distances, no product does. But if you have hogs they will find it and rub against it. I use it from time to time to make an 'area' more attractive to them.
A single 32 oz. can will make a BUNCH of liquid spray, you won't be buying any again for quite awhile.
Don't apply it if rain is expected within 24 hrs and DON'T get it on you...unless you want to smell like creosote for a few days.