“…Moreover, application of renewable resources in their synthesis and modification is also of great interest, due to the growing ecological issues as well as economical and societal advantages [8,9]. Vegetable oils, which are biodegradable, renewable, non-toxic, environmentally benign and easily modified [10,11] have already found applications in the technology of epoxies as: additives, flexibilizers [12], and diluents [13], decreasing viscosity of epoxy resins or bio-alternatives for raw petrochemical materials in the process of their synthesis [14,15]. In a respect of functionality of vegetable oils, defined as content of unsaturated bonds and in the same time content of functional groups, which might be introduced in to the molecule, epoxidized derivatives of natural oils can be formally classified as epoxy resins.…”