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Synthesis, characterization, and thermal properties of a series of oxetane‐functional aliphatic polyesters are investigated. The incorporation of the acid‐sensitive 3,3‐bis(hydroxymethyl)oxetane (BHMO) into polymers is achieved by using the enzyme CALB (Candida antarctica Lipase B) as a catalyst. This mild synthetic strategy provides well‐defined, oxetane‐functional polyesters. The enzymatic polycondensation...