Transesterification
Transesterification is the process of exchanging the alkoxy group of an ester by another alcohol. These reactions are often catalyzed by the addition of an acid or base.
Transestrification is crucial for producing biodiesel from vegetable oils.
O O
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C - CH3 + ROH <---> C - CH3 + CH3OH
/ /
CH3O RO
(ester + alcohol <---> different ester + different alcohol)