Abstract: Branched hydroxyl-functional polyester resin having an average hydroxyl functionality of >2, a hydroxyl number of 25 to 300 mg KOH/g, and a number average molecular weight within the range of from 500 to 3,000, which polyester resin comprises polyalkylene oxide groups and, optionally, sulphonate groups, wherein the polyester resin comprises the reaction product of 1) a mixture of carboxylic acids comprising 50 to 80 mole % of an m- and/or p-aromatic and/or cycloaliphatic dicarboxylic acid, 20 to 50 mole % of an aliphatic dicarboxylic acid and/or aliphatic monocarboxylic acid with more than 6 carbon atoms, and, optionally, a tri- or higher-functional acid, and 2) a mixture of alcohols comprising an aliphatic diol with at least 4 carbon atoms and/or a cycloaliphatic diol with at least 4 carbon atoms, a C1-C4 alkoxy polyalkylene oxide glycol and/or C1-C4 alkoxy polyalkylene oxide 1,3-diol having a number average molecular weight of 500 to 3,000, and, optionally, a tri- or higher-functional polyalcohol, w

Abstract: Aqueous-based cross-linkable binder composition comprising (A) an aqueous dispersion of a polyester-polyacrylate hybrid resin 50 to 90 wt. % of which is composed of polyester and 10 to 50 wt. % of which is composed of polyacrylate, which hybrid resin is obtainable by grafting a composition of radically polymerisable unsaturated monomers onto a partially unsaturated hydroxy-functional polyester resin, and (B) an organic polyisocyanate, wherein the partially unsaturated hydroxy-functional polyester is obtainable by reaction of a mixture of polycarboxylic and, optionally, monocarboxylic acids, and one or more (cyclo)aliphatic alcohols, wherein 0.