An efficient carbonylative coupling reaction of two equivalents of 1,3‐butadiene, yielding aryl nona‐3,8‐dienoate esters, is performed with phenols as nucleophile, and promoted by palladium‐based catalysts. Optimization study reveals the key role of benzoic acid as a cocatalyst. The suggested catalyst combination enables the conversion of a wide scope of variously substituted phenols into corresponding esters with a high yield. Further tests were performed with diphenols, naturally‐occurring phenols and an industrial grade Kraft lignin, thus, indicating the scope of this reaction for transforming industrially relevant polyphenolic structures.