“…Direct esterification of acid and alcohol Fatty acids, with monohydric alcohols, to make plasticizers, intermediates, esters for fractionation in analysis and research Fatty acids, with polyhydric alcohols with glycerol, to make monoglycerides with other polyols, to make emulsifiers, drying oils (4,5,6,15) and other products Mixtures of acids, with polyhydric alcohol oil modified alkyd resins (20) tall oil esters (21,22) Rosin acids, with polyhydric alcohols ester gum and other resins (16, 17) Fatty alcohols, with fatty acids or other acids Alcoholysis Triglycerides and monohydric alcohols methanol, to make methyl esters and glycerol ( 7 ) other alcohols Triglycerides and glycerol, to make monoglycerides, for use in edible products (18) monoglyeerides, as step in manufacture of alkyds (19) Triglycerides and other polyols Ester-ester interchange, reaction in single phase, without removal of a product during the reaction Exchange of radicals among triglyeerides of a natural fat improved shortening from lard (8,10,11,15) Exchange among triglycerides of fat mixtures Ester-ester interchange in two-phase system, with reaction influenced by precipitation or removal of a product ( "directed interesterification" ) Exchange of radicals among glycerides of a natural fat, with simultaneous crystaUization improved shortening from lard (14) 1, 2, 23 24 23 3 9, 37, 38 23 12, 13, 37, 38 The chemistry of these processes is basically the same, regardless of the kinds of acids and esters involved, with a few exceptions, and when they are applied to fatty materials, the usual considerations apply to the operation and control of the processes, provided that due allowance is made for the effects of mutual solubilities and relative reaction rates of the various reactants. They are reversible reactions which conform reasonably well with the law of mass action when carried out in homogeneous systems, and accordingly the rate and extent of reaction in any given case Call be influenced by the relative proportions of the reactants or by the withdrawal of a product from the sphere of action while the reaction is going on.…”