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Polyesteramide resin based on the condensation of hydroxyethylamide derivatives of fatty acids of soybean {N, N′‐bis(2 hydroxyethyl)soybean amide} and various dibasic acid and anhydride were synthesized. Physico‐chemical characteristics and film forming properties of these resins were determined to prove its suitability as a vehicle for surface coatings. The study reveals that resins can be used for the baked type of finishes.

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