The liquefaction of wood in the presence of phenol using phosphoric acid as a catalyst and the flow properties of the obtained liquefied wood were investigated. It was found that phosphoric acid is a satisfactory catalyst for liquefying wood. The amount of phenol that reacts with the liquefied wood components (i.e., combined phenol) increases with an increase in liquefaction temperature, liquefaction time, catalyst content, or liquid ratio. By removing the free phenol, the resulting liquefied woods become novolaclike resins. The measurements of the flow properties of these liquefied woods reveal that the melts of liquefied woods behave as pseudoplastics and their flows obey the Ostwald de Waele power law equation. The amount of combined phenol within the liquefied wood and the presence of filler in the liquefied wood have great influence on their flow properties. The flowing temperature, activation energy, and zero shear viscosity of the liquefied woods show tendencies to increase with an increase in combined phenol.