The bulk ring-opening polymerizations (ROP) of e-caprolactone (e-CL) initiated by synthesized tributyltin n-butoxide (nBu 3 SnOnBu) initiator were conducted at 120°C and the molecular mass and polydispersity index of poly(e-CL), PCL, were determined. The coordinationinsertion ROP of e-CL was confirmed by 1 H-NMR. The molecular mass of PCL was successfully controlled with monomer to initiator concentration ratio. The kinetics and thermodynamics of ROP were investigated by differential scanning calorimetry (DSC) using both non-isothermal and isothermal methods. From the non-isothermal method, the activation energy (E a ) of ROP of e-CL initiated by 1.0, 1.5, and 2.0 mol% of nBu 3 SnOnBu was derived from the method of Kissinger (78.3, 61.1, and 59.9 kJ mol -1 ) and Ozawa (82.8, 66.2, and 64.9 kJ mol -1 ). For isothermal method, the values of E a for these three concentrations of nBu 3 SnOnBu were 74.2, 65.8, and 62.0 kJ mol -1 , respectively. The first-order reaction model was employed to determine the apparent rate constant (k app ). The degree of aggregation (m) of nBu 3 SnOnBu in e-CL was also determined using isothermal method which confirmed its nonaggregated form. In addition, the activation enthalpy (DH = ) and entropy (DS = ) were estimated to be 70.5 kJ mol -1 and -100.3 J mol -1 K -1 by isothermal DSC. The Friedman, Kissinger-Akahira-Sunose, and Flynn-Wall-Ozawa isoconversional methods were also applied to non-isothemal DSC data to investigate the dependence of E a with monomer conversion (a). The results of all three methods were discussed and compared with isothermal and non-isothermal methods at 1.0 mol% of nBu 3 SnOnBu. The overall results demonstrate that DSC is a fast, convenient, and reliable method for studying the kinetics and thermodynamics of ROP of e-CL initiated by nBu 3 SnOnBu.