A new mechanism of chain extension in oxidative polycondensation of ph
enols has been proposed. Between the two accepted mechanisms: quinol e
ther redistribution and quinol ether rearrangement, the second mechani
sm seems to be the most important for the chain growth. The first mech
anism, quinol ether redistribution, preserves the system average degre
e of polymerization and assures a permanent equilibration of the polym
eric chains, but has only a minor contribution to the molecular weight
increase. The second mechanism, quinol ether rearrangement, proved to
be the most important for chain extension and was interpreted as a re
peated Claisen rearrangement (a particular case of a sigmatropic rearr
angement), characteristic to allyl ethers of phenols. Experimental dat
a proved that the above mentioned mechanisms probably take place simul
taneously and the real growth of the molecular weight is a result of t
he cumulative contributions of both mechanisms.