Poly(butylene terephthalate) (PBT) was depolymerized in excess methanol at high-temperature (473–523 K) and high-pressure (4–14 MPa) conditions. Considering the critical point of methanol (512.6 K, 8.09 MPa), the reaction pressure was varied over the range of 6–14 MPa at the reaction temperature of 513 K. As a result, ca. 20 min was required to recover dimethyl terephthalate and 1,4-butanediol, quantitatively, at any pressure, indicating that the supercritical state of methanol is not a key factor of degradation of PBT and that the effect of pressure is little. On the contrary, when the reaction temperature was varied over the range of 473–523 K at the pressure 12 MPa, the decomposition rate constant of PBT at the reaction temperatures (503–523 K) higher than the melting temperature of PBT (500 K) was much higher than that at 473–483 K. This result indicates that melting of PBT is an important factor for the short-time depolymerization of PBT. © 2000 John Wiley & Sons, Inc. J Appl Polym Sci 77: 3228–3233, 2000