The conversion of wood into bio-fuels and bio-chemicals is technically feasible. Wood valorization processes include fractionation, pyrolysis, hydrolysis, fermentation,and gasification. Fast pyrolysis utilizes wood biomass to produce a product that is used both as an energy source and a feedstock for chemical production. The bio-oils from wood pyrolysis were composed of a range of cyclopentanone,methoxyphenol, acetic acid, methanol, acetone, furfural, phenol, formic acid, levoglucosan, guaiocol, and their alkylated phenol derivatives. When wood is rapidly heated in a reduced oxygen environment,the feeding material does not combust but rather becomes a synthetic gas (syngas), a combination of hydrogen (H-2) and carbon monoxide(CO). Wood can be converted by hydrolysis in to sugars and subsequently fermentation of sugars.