The in situ ring-opening polymerization of cyclic butylene terephthalate oligomers is a promising route to replace thermosetting polymers in composites and has become of great interest. CBT oligomers melt at low temperatures (120-160ºC) and exhibit a water-like viscosity prior to polymerization. Due to this very low initial viscosity, fiber reinforcements can be readily impregnated. After impregnation, the molten CBT oligomers quickly polymerize in an entropically driven, athermal ring-opening polymerization (ROP) without releasing volatile organic compounds. This process yields pCBT, a thermoplastic polyester with high molecular weight [1][2][3]. So far, continuous fiber reinforced composites made from CBT and glass fibers [3][4][5][6][7][8], basalt fibers [9], and carbon fibers [10][11][12][13] have been reported. Moreover, a hydrogenated nitrile rubber (HNBR) was modified with CBT and the HNBR/CBT hybrids exhibited improved mechanical and triblogical properties compared to pristine HNBR [14]. CBT has also been extensively used in nanocomposites due to the low melt viscosity prior to ROP which is advantageous for a good dispersion of the reinforcement. Nanocomposites with nanosilica [15], multiwalled carbon nanotubes [16][17][18][19] Abstract. Cyclic butylene terephthalate oligomers (CBT) were reacted in a ring-opening polymerization with three types of isocyanates: a bifunctional aromatic type, a bifunctional aliphatic type and a polymeric aromatic isocyanate. All reactions took place in a batch mixer. The use of 0.5 to 1 wt% isocyanate led to a dramatic increase in elongation at break of polymerized cyclic butylene terephthalate (pCBT), from 8 to above 100%. The stiffness and strength of the modified pCBT, however, were found to slightly decrease. Proton nuclear magnetic resonance (NMR) analysis shows that the formation of thermally stable amide groups is the dominant chain extension reaction mechanism. Gel content measurements suggest a linear structure for samples containing bifunctional isocyanates while pCBT modified with polyfunctional isocyanate exhibited some gel formation at higher isocyanate content. Melting and crystallization temperatures as well as degree of crystallinity were found to decrease with increasing isocyanate content. No phase separation was detected by scanning electron microscopy (SEM) analysis. Moreover, a high degree of polymerization is deduced due to the absence of CBT oligomer crystals.