“…Since lignin is thermally unstable and thermosetting in nature, it cannot be meltprocessed in its natural form. In order to broaden its applications, it is highly desirable to impose the thermoplastic nature as well as good thermal stability to the lignin derivatives, which would allow polymer blending or composite processes at elevated temperatures around 150 o C to 250 o C. In this sense, various reaction routes have been reported for the modification of lignin macromers as summarized in the following references (Sarkanen and Ludwig 1971;Hatakeyama and Hatakeyama 2004;Feldman et al 1986;Hatakeyama et al 2003;Evtugin and Gandini1996;Yoshida et al 1987;Bonini et al 2005;Nguyen Thi et al 2009). Options include reactions via caprolactone (CL) (Hatakeyama and Hatakeyama 2004;Feldman et al 1986;Hatakeyama et al 2002), isocyanate (Feldman et al 1986;Hatakeyama et al 2002;Yoshida et al 1987;Bonini et al 2005), phenolics (Feldman et al 1986), urea formaldehyde (Feldman et al 1986), etc.…”