little part is water-soluble. The lipophilic portion of extractives, which is collectively referred as wood resin, contains fats and fatty acids, sterols and steryl esters, terpenes, terpenoids, resin acids, and waxes. The heating of resin, i.e. distillation, vaporizes the volatile terpenes and leaves the solid component – rosin. The concentrated liquid of volatile compounds extracted during steam distillation is called essential oil. Distillation of oleoresin obtained from many pines provides rosin and turpentine. Most extractives can be categorized into three groups: aliphatic compounds, terpenes and phenolic compounds. The latter are more water-soluble and usually are absent in the resin. Aliphatic compounds include fatty acids, fatty alcohols and their esters with glycerol, fatty alcohols (waxes) and sterols (steryl esters). Hydrocarbons, such as alkanes, are also present in the wood. Suberin is a polyester, made of suberin acids and glycerol, mainly found in barks. Fats serve as a source of energy for the wood cells. The most common wood sterol is sitosterol. However, sitostanol, citrostadienol, campesterol and cholesterol are also observed both in the hardwood and softwood, although in low quantities. The main terpenes occurring in the softwood include mono-, sesqui- and diterpenes. Meanwhile, the terpene composition of the hardwood is considerably different, consisting of triterpenoids, polyprenols and other higher terpenes. Examples of mono-, di- and sesquiterpenes are α- and β-pinenes, 3-carene, β-myrcene, limonene, thujaplicins, α- and β-phellandrenes, α-muurolene, δ-cadinene, α- and δ-cadinols, α- and β-cedrenes, juniperol, longifolene, cis-abienol, borneol, pinifolic acid, nootkatin, chanootin, phytol, geranyl-linalool, β-epimanool, manoyloxide, pimaral and pimarol. Resin acids are usually tricyclic terpenoids, examples of which are pimaric acid, sandaracopimaric acid, isopimaric acid, abietic acid, levopimaric acid, palustric acid, neoabietic acid and dehydroabietic acid. Bicyclic resin acids are also found, such as lambertianic acid, communic acid, mercusic acid and secodehydroabietic acid. Cycloartenol, betulin and squalene are triterpenoids purified from hardwood. Examples of wood polyterpenes are rubber (cis-polypren), gutta percha (trans-polypren), gutta-balatá (trans-polypren) and betulaprenols (acyclic polyterpenoids). The mono- and sesquiterpenes of the softwood are responsible for the typical smell of pine forest. Many monoterpenoids, such as β-myrcene, are used in the preparation of flavors and fragrances. Tropolones, such as hinokitiol and other thujaplicins, are present in decay-resistant trees and display fungicidal and insecticidal properties. Tropolones strongly bind metal ions and can cause digester corrosion in the process kraft pulping. Owing to their metal-binding and ionophoric properties, especially thujaplicins are used in physiology experiments. Different other in-vitro biological activities