the highest value of
phenol (60.1 wt% of liquid yield) was achieved in the case of K2CO3 (1.0 M) with 5 g EPFB/25 ml water ratio
while 1.0 MNaOH yielded maximumesters (86.4 wt% of liquid yield). The alkali promoted process assisted
with hot water treatments seemed promising for production of bio-oils from EPFB.