AbstractTwo different novolac resins, named Nov‐I and Nov‐II, containing an amount of unreacted cardanol of 35 wt % and 20 wt %, respectively, were synthesized by the condensation reaction of cardanol and paraformaldehyde using oxalic acid as catalyst. Cardanol is the main constituent of cashew nut shell liquid, a renewable natural resource. The cardanol‐based novolacs were tested as curing agents of the diglycidyl ether of bisphenol A epoxy resin employing 2‐ethyl‐4‐methyl‐imidazole as catalyst and differential scanning calorimeter and thermogravimetric studies were performed to identify the final thermal properties of the cured resins. In addition, tensile tests were carried out to evaluate the mechanical properties of the epoxy resin cured with the novolacs, which showed to deserve consideration as effective epoxy curing agents. © 2009 Wiley Periodicals, Inc. J Appl Polym Sci, 2009