Mitsubishi Gas Chemical Company, Inc.

Arakawa Chemical Industries, Ltd.

Hiroshi Aibe

Toshiaki Asoh

Youichirou Ezaki

Mitsuhiko Masumoto

Mitsuhito Masumoto

This invention provides 3,9-bis[1,1-dimethyl-2-(4'-hydroxybenzoyloxy)ethyl]-2,4,8,10-tetraoxaspiro [5,5]-undecane represented by the formula: ##STR1## a process for preparing the above compound by a transesterification reaction of 3,9-bis(1,1-dimethyl-2-hydroxyethyl)-2,4,8,10-tetraoxaspiro[5,5]undecane with alkyl 4-hydroxybenzoate.

Dihydroxy compound

This invention provides 2,2-bis[4-(4'-hydroxybenzoyloxy)cyclohexyl]propane represented by the formula: ##STR1## a process for preparing the above compound by a transesterification reaction of 2,2-bis(4-hydroxycyclohexyl)propane with alkyl 4-hydroxybenzoate.

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Higashiosaka, Japan

Hiroshi Aibe