Lignin-derived chemicals and fuel products have received much attention in the context of bio-refinery. In this study we prepared and characterized various lignin samples from black liquor (BL), a major byproduct from the pulp and paper manufacturing processes, and studied the pyrolysis behaviors of these isolated lignin samples at 600 °C under a N 2 atmosphere. Three lignin samples were isolated from the Kraft pulping BL of Loblolly pine linerboard grade process (KL, obtained by direct evaporation; L10, obtained by precipitation at pH 10; L3, obtained by precipitation at pH 3), while another three were from the Kraft pulping BL of Loblolly pine bleach grade process (KB, B10, B3). The inorganic elements present in lignin samples were analyzed using an inductively coupled plasma (ICP) analyzer. The KL and KB samples contained a larger amount of inorganic elements, especially Na and S, than did the other lignin samples. Owing to large quantities of inorganic elements, the ash contents in KL and KB were higher than in the precipitated lignin samples (L10, B10, L3, and B3). These inorganic elements have a significant effect on the subsequent pyrolysis process, as a result, more extensive depolymerization of lignin occurred in KL and KB samples, leading to the formation of fewer pyrolysis oils, with lower molecular weights. NMR analyses of pyrolysis oils show that more methoxyl groups and ether bonds were cleaved, resulting in fewer methoxyl groups and aromatic C−O bonds for the KL and KB heavy oil than for the precipitated lignin heavy oil.