Pyrolysis of palm kernel shell was performed using a two-stage pyrolyzer consisting of an auger reactor and a fluidized bed reactor within the auger reactor temperature range of similar to 290-380 degrees C at the fluidized bed reactor temperature of similar to 520 degrees C, and with a variable residence time of the feed material in the auger reactor. The highest bio-oil yield of the two-stage pyrolysis was similar to 56 wt%. The bio-oil derived from the auger reactor contained degradation products of the hemicelluloses of PKS, such as acetic acid, and furfural, whereas the fluidized bed reactor produced a bio-oil with high concentrations of acetic acid and phenol. The auger reactor temperature and the residence time of PKS in the auger reactor had an influence on the acetic acid concentration in the bio-oil, while their changes did not induce an observable trend on the phenol concentration in the bio-oil derived from the fluidized bed reactor. The maximum concentrations of acetic acid and phenol in bio-oil were similar to 78 and 12 wt% dry basis, respectively. As a result, it was possible for the two-stage pyrolyzer to separately produce two different bio-oils in one operation without any costly fractionation process of bio-oils. (C) 2016 Elsevier Ltd. All rights reserved.