Abstract: Hyperbranched polyesters containing ethylenically unsaturated groups and obtainable by reacting (c) at least one compound having at least one ethylenic double bond with at least one hyperbranched polyester obtainable by condensing (a) at least one dicarboxylic acid or derivative thereof with at least one at least trifunctional alcohol or (b) at least one tricarboxylic or higher polycarboxylic acid or derivative thereof with at least one diol.

Abstract: A method of developing degradable linear poly(ethylene glycol) PEG (DPEG) with multiple functioning capacities, which can be used as drug carriers for cancer cell delivery. A DPEG may be effective in targeting cancerous tumors through an enhanced permeation and retention effect (EPR). The DPEG will then degrade in the acidic extracellular fluid of solid tumors leading to fast cellular internalizations, finally degrading in the lysosome for efficient renal clearance. These may be used in conjunction with drugs and/or targeting groups. Furthermore, DPEGs are thermoresponsive, on an as needed basis, making them useful for in vivo application.

Abstract: A toner and a resin for toner are provided which are of good low-temperature fixing ability and good anti-blocking property of toner at high temperature and high humidity and good pulverisability. The present invention is directed to a resin for toner, the resin comprising a polyester resin (A) produced by reacting a polyester resin (a) having an acid value of 6 mgKOH/g or less and a hydroxyl value of 10 to 80 mgKOH/g with at least one carboxylic acid (b) selected from the group consisting of aliphatic carboxylic acids, aromatic carboxylic acids, their anhydrides and lower alkyl (C1-C4) esters, wherein the equivalent ratio OHa/COOHb is 0.55 to 1.

Abstract: A multilayered polymer film includes a first set of optical layers and a second set of optical layers. The first set of optical layers is made from a polyester which is often birefringent. The polyesters of the first set of optical layers typically have a composition in which 70-100 mol % of the carboxylate subunits are first carboxylate subunits and 0-30 mol % are comonomer carboxylate subunits and 70 to 100 mol % of the glycol subunits are first glycol subunits and 0 to 30 mol % of the glycol subunits are comonomer glycol subunits, where at least 0.5 mol % of the combined carboxylate and glycol subunits are comonomer carboxylate or comonomer glycol subunits. The multilayered polymer film may be used to form, for example, a reflective polarizer or a mirror.

Abstract: Disclosed is a toner binder which has high storage stability and can achieve both of good low-temperature fixability and good hot offset resistance (a broadened fixing temperature range). Specifically disclosed is a toner binder comprising, as constituting units, a carboxylic acid component (x) and a polyol component (y), wherein the component (x) comprises two or more kinds of dicarboxylic acids (X1), selected from among aromatic dicarboxylic acids and ester-forming derivatives of the same, in a total amount of 80 mol % or more and a trivalent or higher polycarboxylic acid (x2); the component (y) comprises a polyester resin (P) which is constituted by a polyester resin (A) comprising 80 mol % or more of an aliphatic diol (y1) having 2 to 10 carbon atoms optionally together with a linear polyester resin (B); and the storage modulus at 150° C. [G?150] of resin (A) is 20000 dyn/cm2 or more and the ratio of [G?150] to the storage modulus as 180° C. [G?180] thereof, i.e., [G?150]/[G?180], is 15 of less.

Abstract: Branched polyesters obtained by polycondensation of citric acid with at least one polyalcohol having at least two hydroxyl groups and, if desired, further polycarboxylic acid components, the molar ratio of citric acid to polyalcohol being 2.4:1 to 1:3.

Abstract: Process for manufacturing a polymer by polycondensation of a hydroxy acid, said polymer comprising at least 80% by weight of units that correspond to the hydroxy acid, according to which at least one polyfunctional reactant capable of giving rise to the formation of a three-dimensional polymer network is mixed with the hydroxy acid, and according to which the mixture is subjected to temperature and pressure conditions and for a duration which are all suitable for giving rise to the formation of the network. Poly(hydroxy acid) (PHA) obtainable by such a process.

Abstract: The present invention is directed to a hyperbranched-polyester comprising at least one kind of a structural unit selected from an aromatic oxycarbonyl unit (P), aromatic and/or aliphatic dioxy units (Q), and an aromatic dicarboxy unit (R), and a trifunctional or higher polyfunctional organic residue (B), wherein the content of B is within a range from 7.5 to 50 mol % based on entire monomers constituting the hyperbranched-polyester. The present invention provides a hyperbranched-polyester which can remarkably improve thin-wall flowability, stiffness and gas barrier property by blending with a thermoplastic resin, and a thermoplastic resin composition blended with the same.

Abstract: The present invention relates to polyesters prepared from benzene, cyclohexene and cyclohexane compounds having carboxylic acid groups at the 1 and 4, and optionally the 2, positions, such as terephthalic acid or dimethyl terephthalates, and alkylene glycols, such ethylene glycol or 1,4-butane diol. The invention also relates to processes for preparing such polyesters. The invention also relates to such polyesters derived from starting materials derived from renewable resources.

Abstract: The present invention provides a resin capable of contributing greatly to solve environmental problems and problems related to exhaustion of fossil fuel resources and having physical properties suited for practical use. The polyester according to the present invention has a diol and a dicarboxylic acid as constituent components and has an amount of terminal acid of 50 equivalents/metric ton or less.

Abstract: An optically active compound having a polymerizable group which is represented by formula (1) or (2). P1-Q1-(A1-Z1)m—X1—(Z1-A1)m-Q1-P2??(1) P1-Q1-(A1-Z1)m—X2??(2) For example, A1 is independently divalent group having ring; Z1 is independently bonding group; m is independently an integer from 1 to 5; Q1 is independently alkylene having 1 to 20 carbons; X1 is a divalent group having chirality; X2 is a monovalent group having chirality, and P1 and P2 are polymerizable groups; and concerns a polymerizable liquid crystal composition, a polymer, an optical device and an article.

Abstract: Crosslinked polycondensation products of: (a) polyols selected from the group consisting of: (1) polyols with three or more hydroxyl groups, (2) acetal forms of (1), and (3) mixtures thereof, and (b) polyacids selected from the group consisting of: (1) polyacids with two or more carboxylic groups, (2) anhydrides of (1), (3) esters of (1), and (4) mixtures thereof are disclosed. The resulting polyesters have a molar ratio of polyol to polyacid from about 1:3 to about 3:1 and are highly-crosslinked. Preferred monomers are sustainable monomers such as glycerol, citric acid, fumaric acid, and sebacic acid. Two-step heating processes for preparing the high molecular weight polyesters are also provided.

Abstract: Processes for making polyesters in a polyester production facility are disclosed, that include the steps of forming a reaction medium comprising at least one monomer that includes terephthalic acid (TPA) and/or an ester derivative of TPA; subjecting at least a portion of the reaction medium to one or more chemical reactions in the polymer production facility to thereby produce the polyester; and heating the reaction medium at one or more locations in the polyester production facility, wherein at least 50 percent of the total energy input employed for the heating of the reaction medium is provided by indirect heat exchange between the reaction medium and steam.

Abstract: Processes for making polyesters in a polyester production facility are disclosed, that include the steps of: forming a reaction medium comprising at least one monomer that includes terephthalic acid (TPA) and/or an ester derivative of TPA; subjecting at least a portion of the reaction medium to one or more chemical reactions in the polyester production facility to thereby produce the polyester; generating high-pressure steam having a pressure of at least 5 megapascals; heating one or more process fluid streams of the polyester production facility by indirect heat exchange with the high-pressure steam, wherein the process fluid streams include any stream that is formed predominately of the reaction medium and/or the at least one monomer; heating a heat transfer medium (HTM) via indirect heat exchange with the high-pressure steam to thereby form heated HTM; and heating at least a portion of the process fluid streams by indirect heat exchange with the heated HTM.

Abstract: The present invention relates to a kind of biodegradable polyester and its preparation method, which belongs to the field of biodegradable co-polyester product technology. The number-average molecular weight of the biodegradable polyester material under this invention is 6000-135000 g/mol, the molecular weight distribution is 1.2-6.5, and the range of crystallization temperature is 15° C.-105° C., which could overcome the disadvantages of existing technical products and can be processed into membrane materials, sheet materials and foam materials. During processing, the picking property will be dramatically changed with the appearance quality improved; after heat resistance is improved, this new type of polyester material could also be applied to the processing course with long cycles, for example, the injection processing course, and the biodegradable aliphatic/aromatic polyester materials provided by this invention has excellent mechanical properties.

Abstract: The invention provides biodegradable polyesters, polyurethanes, comprising 3-carboxymuconolactone as a structural unit, 3-carboxymuconolactone esters and a process for their production. Polyesters comprising a repeating unit represented by the following formula (I): [wherein R represents a hydrocarbon-based divalent residue which, in the structure, optionally contains a heteroatom without an active hydrogen], polyurethanes comprising the polyester structure; 3-carboxymuconolactone esters; and a process for their production.

Abstract: The invention relates to polyesters containing at least one partly acylated polyhydroxylated compound belonging the group consisting of glycerol polycarbonates, specific polyglycerols, [(a-hydroxymethyl) oxyethylene/(a-hydroxymethyl)ethylene carbonate] copolymers, [a -hydroxymethyl) oxyethylene/(a-hydroxymethyl)ethylene carbonate] copolymers, and [a -alkyl) oxyethylene/(a-hydroxyalkyl) oxyethylene] copolymers. The invention also relates to methods for acylating, at least partly, the polyhydroxylated compounds. The polyesters of this invention are applicable to the technical fields relating to engine and industrial lubricants, greases, hydraulic fluids, metal deformation and processing lubricants, stripping and mold dressing products, oil prospecting, mines, tunnel borers, cosmetics, detergency, inks, textile coatings and papers, to the field of food products, to the protection of wood as synthesis intermediates.

Abstract: An organic composition including a) a glycerol polycarbonate of the formula: in which m is equal to at least 2, and has a value from 2 to 100; b) a glycerol of formula: in which n and p are each equal to at least 2, each having a value from 2 to 150; and c) a [(?-hydroxymethyl) oxyethylene (?-hydroxymethyl) ethylene carbonate)] copolymer of the formula: in which x is equal to at least 2 and has a value between 2 and 100, y is equal to at least 2 and has a value between 2 and 100 and q is equal to at least 2 and has a value between 2 and 100.

Abstract: A coating material including a low-molecular or medium-molecular organic compound represented by general formula (1). (In the formula, R1 is a single bond, methylene, ethylene or oxygen; and R2 is a hydrogen atom, or a hydrocarbon group, a fluorine-containing alkyl group, a cyclic form containing an aromatic group or aliphatic group, which may contain hydroxy group, carboxyl group, amino group, amide group, imide group, glycidyl group, cyano group, fluorocarbinol group, sulfonic group or sulfonylamide group, and a complex thereof, and may contain a fluorine atom, oxygen atom, nitrogen atom, silicon atom or sulfur atom, and R2's of the same type or different type may be connected by an ester bond, amide bond, ether bond, thioether bond, thioester bond or urethane bond.). This compound can be derived from a diol compound and bicyclo[2.2.2]octane-2,3:5,6-tetracarboxylic anhydride.

Abstract: Disclosed are formaldehyde-free, thermally-curable, alkaline, aqueous binder compositions, curable to formaldehyde-free, water-insoluble thermoset polyester resins, and uses thereof as binders for non-woven fibers and fiber materials.

Abstract: The present invention provides a resin capable of contributing greatly to solve environmental problems and problems related to exhaustion of fossil fuel resources and having physical properties suited for practical use. The polyester according to the present invention has a diol and a dicarboxylic acid as constituent components and has an amount of terminal acid of 50 equivalents/metric ton or less.

Abstract: High-functionality highly branched or hyperbranched polyesters based on di-, tri- or polycarboxylic acids and di-, tri- or polyols, processes for preparing them, and their use.

Abstract: This invention relates to liquid crystal compositions, and polymer networks and articles comprising the compositions. The compositions comprise at least one compound of the group of compounds represented by the structures of each of the following Formulas (IV), (V) and (VI), as defined herein. A process for making the composition is also provided.

Abstract: An aliphatic polyester resin having excellent moldability and its production method are provided. When the amount of specific structural units contained in an aliphatic polyester resin is adjusted to an optimum amount, an aliphatic polyester resin having sufficient melt tension at the time of molding and excellent moldability than in the past and its production method is provided.

Abstract: A tetracarboxylic acid compound of formula (1) or (2) wherein A represents a divalent group; X1, X2 and X3 respectively represent a hydrogen atom or the like; R1, R2, R3 and R4 respectively represent a carboxyl group or an acid anhydride group; n represents 1 or 2; and B represents a cyclic group.

Abstract: A grind resin, a pigment dispersion, and a coating composition are provided. The grind resin comprises a reaction product of a dibasic acid, optionally a polybasic acid, a diol, optionally a polyol, and a fatty compound. The fatty compound has a fatty chain and two reactive groups reactive with at least one of the dibasic acid and the diol provided that ?5% of all acid groups are provided by the polybasic acid and <20% of all hydroxyl groups are provided by the polyol. The reaction product is substantially free from branching comprising the reaction product of acid groups or hydroxyl groups and the dibasic acid, polybasic acid, diol, polyol, or fatty compound. The pigment dispersion comprises a pigment and the grind resin. The coating composition comprises a vehicle resin, the pigment, the grind resin, and a cross-linking agent reactive with the vehicle resin and/or the grind resin.

Abstract: A temperature-regulating fiber may include a spun phase change polymeric material that may include a plurality of phase change polymer blocks. The fiber may have a fixity ratio of at least 80% and a recovery ratio of at least 74%.

Abstract: The present invention relates to a polyethoxysiloxane (PES) material to be obtained in that (a) a first hydrolysis condensation reaction of a maximum of one group X of one or more different Si compounds of the formula (I) SiX4 (I) in which the groups X are the same or different and represent hydroxy, hydrogen, or ethoxy (EtO), are catalyzed in an acidic fashion at an initial pH value of 0 to ?7, is conducted in the presence of ethanol (EtOH) or an ethanol-water mixture as a solvent over a time period of 1 to 24 hours at a temperature of 0° C. to 78° C., (b) a second hydrolysis condensation reaction of the material obtained in step (a) is conducted while simultaneously removing the solvent by successive evaporation in a gas diffusion-tight container at a pressure of 100 to 1013 mbar, preferably at a slight negative pressure of 300 mbar to 800 mbar and a temperature of 50-78° C. until a drastic increase in viscosity (at a shear rate of 10 s?1 at 4° C.) to 0.

Abstract: A new epoxy resin represented by following general formula comprising, possessing one or more than one primary hydroxyl group and one or more than one epoxy group in one molecular, and said epoxy resin is useful for photo curing method.

Abstract: The invention relates to di- and tri-carboxylic acid compounds and polyester oligomers and polymers made therefrom. Curable compositions comprising the polyester oligomers and polymers are also described.

Abstract: The invention relates to a multilayer film encompassing at least one upper layer a) and one middle layer b) composed of (meth)acrylate copolymers, and also a backing layer c) composed of polycarbonate, where the upper layer a) comprises a light stabilizer and is composed of a (meth)acrylate copolymer which can form semicompatible mixtures with the polycarbonate of the backing layer c), where a test specimen produced from a mixture composed of 20% by weight of (meth)acrylate copolymer and 80% by weight of polycarbonate has a tensile strain at break of at least 75% (ISO 527-2) at 23° C.

Abstract: There is provided a resist underlayer film forming composition for lithography, which in order to prevent a resist pattern from collapsing after development in accordance with the miniaturization of the resist pattern, is applied to multilayer film process by a thin film resist, has a lower dry etching rate than resists and semiconductor substrates, and has a satisfactory etching resistance relative to a substrate to be processed in the processing of the substrate. A resist underlayer film forming composition used in lithography process by a multiplayer film, comprises a polymer containing a unit structure having an aromatic fused ring, a unit structure having a protected carboxyl group or a unit structure having an oxy ring. A method of forming a pattern by use of the resist underlayer film forming composition. A method of manufacturing a semiconductor device by utilizing the method of forming a pattern.

Abstract: The present invention provides polymers (e.g., elastomeric citric acid polymers) and methods of making and using these polymers (e.g., as a biologically active molecule delivery platform). In certain embodiments, the polymer has adsorbed biologically active molecules. In particular embodiments, the polymer comprises pores that are between about 7 and 15 nanometers in diameter. In other embodiments, the polymer comprises poly(1,8 octanediol-co-ctric acid). In certain embodiments, the polymers are made by employing polyethylene glycol dimethyl ether (PEGDM).

Abstract: The invention relates to an antireflective coating composition for a photoresist layer comprising a polymer, a crosslinking agent and an acid generator, where the polymer comprises at least one unit of structure 1, where, A is a nonaromatic linking moiety, R? and R? are independently selected from hydrogen, Z and W—OH, where Z is a (C1-C20) hydrocarbyl moiety and W is a (C1-C20) hydrocarbyl linking moiety, and, Y? is independently a (C1-C20) hydrocarbyl linking moiety. The invention further relates to a process for imaging the antireflective coating composition.

Abstract: An insulating polymer material composition is obtained by adding an acid anhydride as a curing agent and an organic peroxide such as dicumyl peroxide as a curing accelerator (for example, in an amount of 0.5 to 16.0 phr) to an epoxidized linseed oil, kneading the resulting under conditions according to the added amounts, and then heat-treating the kneaded substance, thereby causing peroxide vulcanization and three-dimensional crosslinking. This insulating polymer material composition is applied to polymer products such as high-voltage devices.

Abstract: A sulfonated aliphatic-aromatic copolyetherester that comprises the polymerization product of 80.0 to 20.0 mole percent of an aromatic dicarboxylic acid or an ester thereof based on the total moles of dicarboxylic acid or ester thereof, 20.0 to 80.0 mole percent of an aliphatic dicarboxylic acid or an ester thereof based on the total moles of dicarboxylic acid or ester thereof, 0.1 to 10.0 mole percent of a sulfonate component, 99.9 to 91.0 mole percent of a first glycol selected from the group consisting of ethylene glycol, 1,3-propanediol and 1,4-butanediol based on the total moles of glycol, 0.1 to 4.0 mole percent of a poly(alkylene ether) glycol based on the total moles of glycol, 0 to 5.0 mole percent of an other glycol based on the total moles of glycol, and 0 to 5.0 mole percent of a polyfunctional branching agent.

Abstract: Disclosed is a novel tetracarboxylic acid compound having excellent characteristics such as high transparency, low dielectric property, low water absorption, low thermal expansion, solvent solubility and etching characteristics, while exhibiting high heat resistance at the same time. This tetracarboxylic acid compound is useful as a raw material monomer for producing a polyesterimide or a polyamideimide. Specifically disclosed is a tetracarboxylic acid compound represented by the general formula (1) or (2) below. In the formulae, A represents a divalent group; X1, X2 and X3 respectively represent a hydrogen atom or the like; R1, R2, R3 and R4 respectively represent a carboxyl group or an acid anhydride group; n represents 1 or 2; and ring B represents a cyclic group.

Abstract: The present invention is directed to a novel biocompatible polymer that may be used in tissue engineering. More specifically, the specification describes methods and compositions for making and using a citric acid copolymers.

Abstract: A process for preparing a hyperbranched polymer having a weight-average molar mass of at least 30,000, includes coupling a first prepolymer having at least three functional end groups with a second prepolymer having at least two functional end groups by a dehydration condensation reaction between the end groups in the prepolymers. The number of arms and/or molar mass of the functionalized prepolymers can accurately be adjusted, thus affecting the properties of the resulting hyperbranched polymer in a desired way. The polymer can be equipped e.g. with hydrophobic and hydrophilic parts. Also, the number of functional end groups, that optionally can be used for further chemical reactions, in the hyperbranched polymer can easily be adjusted to a desired level. The hyperbranched high molar mass polymer can be prepared in high yields without the use of organic solvents or linking compounds, which is advantageous from an environmental as well as an economical point of view.

Abstract: There is provided a novel polyester compound having in its main polymer chain an aliphatic cyclic structure with carboxylic acids or carboxylic acid ester groups as represented by the chemical formula (1), a resist material containing the polyester compound and a patterning method using the resist material.

Abstract: A polyester for a toner, obtainable by polycondensing an alcohol component and a carboxylic acid component containing a (meth)acrylic acid-modified rosin; and a toner containing the polyester for a toner. The polyester for a toner of the present invention is usable as a resin binder for a toner usable in, for example, developing electrostatic latent images formed in electrophotography, electrostatic recording method, electrostatic printing method or the like.

Abstract: The invention concerns polyesters of at least one of polyhydroxylated compounds at least partly acylated, belonging the group consisting of polyhydroxylated compounds constituted by glycerol polycarbonates, specific polyglycerols, [(a-hydroxymethyl) oxyethylene/(a-hydroxymethyl) ethylene carbonate] copolymers, [(a-hydroxymethyl) oxyethylene/(a-hydroxymethyl) ethylene carbonate] copolymers, [(a-alkyl) oxyethylene/(a-hydroxyalkyl) oxyethylene] copolymers. The invention also concerns a method for acylating at least partly one of said polyhydroxylated compounds. The invention is applicable to the technical fields relating to engine and industrial lubricants, greases, hydraulic fluids, metal deformation and processing lubricants, stripping and mold dressing products, oil prospecting, mines, tunnel borers, cosmetics, detergency, inks, textile coatings and papers, to the field of food products, to the protection of wood as synthesis intermediates.

Abstract: The invention relates to a process for the production of a layered composite structure comprising (1) a semi-permeable membrane made of a polymer composition comprising a polyetherester elastomer and (2) at least one web layer bonded to the membrane, wherein the process comprises a step wherein a melt layer of the polymer composition is applied onto the at least one web layer, and wherein the polyetherester elastomer comprises polyether soft segments formed from poly(alkylene-ether)glycols comprising alkylene-ether segments formed from ethylene oxide and polyester hard segments consisting of ester units derivable from short chain diols and dicarboxylic acid consisting of 98-65 mole % terephthalic acid (TPA), 2-35 mole % isophthalic acid (IPA) and optionally 0-20 mole % other dicarboxylic acids, wherein the mole % is relative to the total molar amount of dicarboxylic acid.

Abstract: In one embodiment, a selectively-releasable adhesive includes a copolymer formed from a multifunctional alcohol and a multifunctional carboxylic acid, wherein the copolymer has been cured the equivalent of up to approximately 20 hours at 120° C. and 100 millitorr.

Abstract: Sulfonated aliphatic-aromatic polyester compositions having improved thermal properties, and articles such as films, coatings and laminates, produced from the sulfonated aliphatic-aromatic polyester compositions, are provided. Some of the films are biocompostable. Films made from the sulfonated aliphatic-aromatic copolyesters can be used to make shaped articles, such as sheets, thermoformed containers, and coatings for, for example, films and other substrates. The sulfonated aliphatic-aromatic copolyesters are produced from a mixture of aromatic dicarboxylic acids, aliphatic dicarboxylic acids, certain glycols, and components containing alkali metal or alkaline earth metal sulfonate groups, such as a metal 5-sulfoisophthalic acid derivative.

Abstract: Hyperbranched polymers having a plurality of at least two different types of functional groups are described. Specific embodiments include hyperbranched polymers having functional groups of a first type that are substantially uniformly distributed throughout the hyperbranched polymer molecule and a second type of functional group that is substantially uniformly distributed at the terminals of the hyperbranched polymer molecule. The hyperbranched polymers having different types of functional groups are synthesized by reacting one or more monomers having functional groups that are capable of reacting during a set of polymerization conditions to form a hyperbranched polymer, wherein at least one of the monomers contains latent functional groups that are not reactive during polymerization.

Abstract: The present invention relates to a composition which includes macrocyclic ethylene isophthalate dimer. More specifically, the composition can be: i) A composition comprising polyhydric alcohol, multi-functional carboxylic acid and macrocyclic ethylene isophthalate dimer; ii) A multi-arm polyester resin having a polymer containing: a central unit of a multi-functional molecule of either a multi-functional carboxylic acid or a multi-functional polyhydric alcohol, but not both, and arms derived from macrocyclic ethylene isophthalate dimer. iii) An unsaturated polyester comprising a macrocyclic ethylene isophthalate dimer and one or more polyhydric alcohols, and optionally, one or more aliphatic and/or aromatic acids to form a melt of polymer; then condensing the polymer and one or more ethylenically unsaturated dicarboxylic acids.

Abstract: Sulfonated aromatic copolyesters and articles made therefrom, and processes for producing the sulfonated aromatic copolyesters and articles are provided. Articles that can be made from the sulfonated aromatic copolyesters include films, coatings and laminates. Some of the compositions and articles are biocompostable. The films can further be used to form shaped articles such as sheets, food packaging such as sandwich wraps, thermoformed containers, and coatings for, for example, films and other substrates. The sulfonated aromatic copolyesters contain a hydroxyalkanoic acid component.

Abstract: A water-soluble, flame retardant polyester resin is obtained by a condensation reaction or a polycondensation reaction of a dicarboxylic-acid component, a glycol component, a water-solubility imparting component and a reactive phosphorus-containing compound such that a ratio of the water-solubility imparting component in a total of the dicarboxylic-acid component and the water-solubility imparting component is in a range of 1 to 60 mol %. Since this polyester resin can be dissolved in a solvent by allowing a halogen-free, phosphorus-containing polyester with excellent flame resistance to have water solubility, it is possible to improve applicability and eliminate problems of working environment and environmental destruction resulting from organic solvents. In addition, even when treating substrates such as fibers and PET films with the polyester resin, there is no deterioration of these substrates.

Abstract: An aliphatic polyester polyether copolymer is provided having an aliphatic polyester moiety comprising 35 to 50 molar % of an aliphatic diol unit, 35 to 50 molar % of an aliphatic dicarboxylic acid unit and 0 to 30 molar % of an aliphatic oxycarboxylic acid unit and a polyether moiety, wherein ?sp/C is not less than 1.40 and the ratio by weight of the polyether moiety to the aliphatic polyester polyether copolymer is 0.1 to 90% by weight.