According as gradually increasing the demand for Eco-friendly products it has been progressed fairly development at a field of printing and printing inks. The Inks are used by soy oil beginning of ink industry for preventing environment. Now it is possible to make Eco-friendly inks with vegetable ester. So it is not necessary to use petroleum-based solvents for preventing environment. But There is some problems if using vegetable ester to inks. Vegetable ester has high solubility, it causes misting and low viscosity of the Inks. So resin is required high performance. Thus, in this paper, I studied about the properties variation of the Varnish and inks According to using the phenolic modified rosin ester and Soy oil Methyl esters. The compared in order of average molecular weight by the GPC method, rheological properties were found by rotational rheometer, and emulsion behavior were compared by high speed emulsification tester.