This research was carried out to investigate the methods of liquefaction with Pinus koraiensis, and chemical components of the liquefied wood by FT-IR analysis and pyrolysis-GC/MS. Acetylated wood powder was liquefied above 90% in phenol or m-cresol when treated at about 150$^{circ}C$ for 30min., using some catalysts. Untreated wood powder was liquefied above 90% in phenol or m-cresol when treated at about 200$^{circ}C$ for 60min., using some catalysts. The results of FTIR analysis, carbohydrates were terribly disintegrated, the other side lignin peaks were occurred in liquefied wood, particulary. The results of pyrolysis-GC/MS, the liquefied wood have clear four peaks, phenol, guaiacol, o-cresol and m-/p-cresol, due to degradation of lignin, particulary.