The kinetics of the polycondensation and copolycondensation reactions of bis(3‐hydroxypropyl) terephthalate (BHPT) and bis(4‐hydroxybutyl) terephthalate (BHBT) as monomers were investigated at 270 °C in the presence of titanium tetrabutoxide as a catalyst. BHPT was prepared by the ester interchange reaction of dimethyl terephthalate and 1,3‐propanediol (1,3‐PD). Through the same method adopted for BHPT synthesis, BHBT was prepared with 1,4‐butanediol instead of 1,3‐PD. With second‐order kinetics applied for polycondensation, the rate constants of the polycondensation of BHPT and BHBT, k11 and k22, were calculated to be 4.08 and 4.18 min−1, respectively. The rate constants of the cross reactions in the copolycondensation of BHPT and BHBT, k12 and k21, were calculated with results obtained from proton nuclear magnetic resonance spectroscopy analysis. The rate constants during the copolycondensation of BHPT and BHBT at 270 °C decreased in the order k12 > k22 > k11 > k21, indicating that the reactivity of BHBT was larger than that of BHPT at 270 °C. © 2002 Wiley Periodicals, Inc. J Polym Sci Part A: Polym Chem 40: 2435–2441, 2002