“…The high-performance ion-exchange resins of practical importance have been synthesized since two chemists (Adams and Holmes, 1935) discovered that the condensation products of phenol and formaldehyde exhibit ion-exchange properties. To date, ion-exchange resins have found practical applications in a number of areas and are particularly used as catalysts for hydration (Ihm et al, 1988;Velo et al, 1990), hydrolysis (Fuchigami, 1990), alkylation (Kim and Ihm, 1982;Park and Ihm, 1985;Patwardhan and Sharma, 1990a), esterification (Petrini et al, 1988;Patwardhan and Sharma, 1990b), dehydration (Chee and Ihm, 1986), etherification (Lee and Ihm, 1987;Hejtmankova et al, 1990;Rehfinger and Hoffmann, 1990;Lee et al, 1991;Parra et al, 1994), and isomerization (Ahn et al, 1988;Li, 1989).…”