A method of pelletizing polymer utilizing a liquid medium characterized in that the liquid medium boils at a temperature greater than the melting temperature of the polymer and is immiscible with the molten polymer so that (1) polymer can be heated in the liquid medium to a temperature that causes particulates to melt, (2) the melted polymer can be allowed to agglomerate and (3) the agglomerated polymer can be cooled in a liquid to form pellets.