Phenol terminated diester compositions derived from dicarboxylic acids, polyester polymers or alkyd polymers, and curable compositions containing same

A polymer composition comprising a non-liquid crystalline phenol terminated diester having the structure:

• ##STR15## wherein R is an aliphatic divalent organic radical containing from 2 to about 40 carbon atoms or mixtures of such radicals, provided however that R contains at least about 8 carbon atoms when n is O, R.sub.1 is an aliphatic or cycloaliphatic organic radical containing from 2 to about 40 carbon atoms or mixtures of such radicals, R.sub.2 is an aromatic, aliphatic or mixture of aromatic and aliphatic hydrocarbon radicals having from 2 to about 40 carbon atoms, A is a divalent aromatic radical selected from the group consisting of phenylene, naphthalene or bis phenylene, p is 0 or 1, n is O or an integer ranging from 1 to about 40, provided however that p is O when n is O and p is 1 when n is an integer,
• said composition further containing a mixture of unreacted dihydric phenol having the formula HO--A--OH and diesters thereof, said composition prepared by forming the esterification product of said HO--A--OH dihydric phenol and a material containing terminal carboxyl groups or ester-forming derivatives thereof.