| 摘要 |
PROBLEM TO BE SOLVED: To provide a water dilutable phenolic resin composition excellent in adhesive strength with various base materials, storing stability, low in unreacted phenolic monomer components imparting a hardened article having a light color. SOLUTION: This phenolic resin composition is obtained by reacting one or more phenols selected from among phenol, p-cresol, m-cresol, o-cresol and aldehydes in areacting mole ratio of 1.5-5.0 in the presence of 0.02-0.20 mole of an alkali metal hydroxide to 1 mole of phenols until the amount of the unreacted phenolic monomers is <=10 wt.%, and the water reducibility >=200 pts.wt to 100 pts.wt of the resin at 25 deg.C, and then adding 0.85-0.90 mole of boric acid to 1 mole of the alkali metal catalyst.
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