Liquefaction of biomass with proper solvents and catalysts is a promising process to produce liquid biofuels and valuable chemicals. In this study, pinewood sawdust was liquefied in the presence of various supercritical solvents (carbon dioxide, water, acetone, and ethanol) and catalysts (alkali salts and acidic zeolites). The liquid, gas and solid products were analyzed using GC MS, FT-IR, elemental analyzer, H-1 NMR, C-13 NMR. The experimental results showed that both solvent and catalyst can significantly improve the liquefaction process by increasing the yield of liquid oil and suppressing the formation of solid residue. K2CO3 showed the best performance by doubling the yield of bio oil. Meanwhile, the maximum bio-oil yield (30.8 wt%) and the minimum solid residue yield (28.9 wt %) were obtained when ethanol was employed as the solvent. Solvents can also strongly affect the distribution of liquid products. 2,4,5,7-tetramethyl-phenanthrene and bis(2-ethylhexyl) phthalate were the premier compounds in liquid product as supercritical carbon dioxide is used as solvent while 2-methyl-naphthalene became the main composition when water is used as solvent. (C) 2013 Elsevier Ltd. All rights reserved.