CHIP RESISTANT COATING COMPOSITION IX

Abstract: A solvent-based thermosetting coating composition comprising hydroxy functional urethane modified polyester resin and amine-aldehyde crosslinking agent. The coating composition may be formulated as a hot sprayable, high solids coating composition suitable for use as chip resistant automotive vehicle primer suitable for use on motor vehicle body panel areas subject to chipping by stones, gravel and other road debris. Alternatively, the composition may be formulated as a high solids composition sprayable with conventional spraying equipment. The hydroxy functional urethane modified polyester resin is the product of polymerization of lactone monomers in the presence of hydroxy-containing urethane modified polyester precursor. The polymerization reaction mixture comprises between about 10 and about 80 weight percent the hydroxy-containing urethane modified polyester precursor and between about 90 and about 20 weight percent lactone monomers.

Description: Reference is made to related European patent application No. 86 310 061.6 (=EP-A-230 774), entitled "Chip Resistant Coating Composition II". TECHNICAL FIELD This invention relates to a novel, solvent-based, thermosetting coating composition comprising hydroxy functional urethane modified polyester resin and amine-aldehyde crosslinking agent. It relates also to such coating composition formulated, for example, as a hot sprayable, high solids coating composition suitable for use as a chip resistant automotive vehicle primer adapted for use on body panel areas subject to chipping by stones, gravel and other road debris. BACKGROUND Automobile manufacturers, in their efforts to extend the expected life of automobile sheet metal and the like, have directed considerable attention to various processes and compositions designed to result in not only improved corrosion resistance but also improved chip resistance properties. In particular, research and development efforts have recently been directed to obtaining primer compositions which are flexible and chip resistant and which give corrosion protection while exhibiting good humidity and solvent resistance, as well as good intercoat adhesion. New automobile designs and concern about chipping in areas exposed to stones, gravel and other road debris, e.g. rocker panels, have demanded such chip resistant primers which can be applied in reasonable thicknesses by techniques which do not require extensive and expensive processing modifications during painting operations. To date available primers, whether high or low solids, have not proven suitable. In order to overcome the aforementioned chipping problem it has been common to apply relatively thick chip resistant coatings in body panel regions which are inclined to chip, prior to application of still another primer composition. One such chip resistant sealer material which has been employed is a polyvinyl chloride plastisol sealer which has been applied with airless spraygun equipment in thicknesses of about 0.50 mm (20 mils) in regions subject to high levels of chipping. Problems attendant with such thick coatings are readily apparent. Because of the thickness in the region to which it is applied, these materials present an appearance problem often resulting in waviness and roughness in the final coating on the sheet metal. Often times surface imperfections also result from the fact that a primer is applied over the top of this sealer, with the primer and sealer being cured together. As a result some solvent and plasticizer tend to be driven out of the polyvinyl chloride plastisol and result in a wavy and rough surface. Still further problems associated with the use of such polyvinyl chloride plastisol sealers and the like involve application technique. Since the polyvinyl chloride plastisol sealers and the like must be applied in thicknesses of 0.50 mm (20 mils) or greater in order to obtain good adhesion, they cannot be feathered down to blend in with other regions of the sheet metal which do not require the additional chip protection. Thus, the materials must be applied using a masking technique whereby those regions which are not to be coated with the sealer material are masked in a separate operation prior to application of sealer. This masking is then removed after the sealer is applied. It would obviously be desirable to eliminate these additional steps in the application of the chip resistant sealer material. Accordingly, it is a preferred object of this invention to provide a novel solvent based, thermosetting coating composition adapted for use as a chip resistant primer, which primer may be applied in thicknesses of less than 0.50 mm (20 mils) and which may be feathered in such a manner as to blend with paint in other areas of the substrate to be painted which do not require chip resistant coating. It is another object of the invention to provide novel coating compositions which comprise crosslinkable hydroxy functional urethane modified polyester resin and amine-aldehyde crosslinking agent and which provide high crosslinking efficiency and tough, well cured films at minimum bake temperatures such as when applied as automotive primers. In this regard, it is a particular object of the invention to provide a novel hydroxy aldehyde crosslinking agent thermosetting coating composition of sufficiently low volatile Organic Content (VOC) to aid in meeting governmental emission guidelines and yet which can be applied to a substrate by spraying or other known method. It is still another object of the invention to provide a composition which will form a coating on a substrate, which coating has advantageous physical properties including, for example, humidity and solvent resistance, flexibility and corrosion protection for the underlying substrate. Additional aspects and advantages of the invention will be apparent from the following descritpion thereof. EP 139 513 discloses a flexible coating composition which comprises (A) hydroxy-containing urethane modified polyester (i) having a number average molecular weight (M n ) of between about 1000 and 10 000 (ii) having a hydroxyl number of between about 30 and about 200, and (iii) containing between about 1 and about 10 urethane groups per molecule, and being made from reactants comprsing (I) urethane modified diol made by reacting : (a) diol and (b) diisocyanate, wherein said diol and said diisocyanate are reacted in a molar ratio of from about 4:1 to about 4:3; (2) polyol comprising at least about 5 weight percent triol; and (3) acid component selected from dicarboxylic acids and anhydrides thereof; (B) crosslinking agent selected from amine-aldehyde crosslinking agent and polyisocyanate crosslinking agent; and (C) 0-60 weight percent, based on the total weight of (A) and (B) of said composition, of a linear polyurethane having a number average molecular weight of between about 15 000 and 40 000. According to the invention there is provided an organic solvent based thermosetting coating composition comprsing: (i) hydroxy functional urethan modified polyester resin having anumber average molecular weight ( M n) of between about 2 000 and about 20 000, the resin being the product of polymerization of lactone monmers of the general formula : wherein n is at least 4 at least n + 2 R's are H and the remaining R's are selected from alkyl, cycloalkyl, alkoxy and single ring aromatic hydrocarbon radicals, int he presence of hydroxy-containing urethane modified polyester precursor having reactive hydroxy groups, the polyester precursor being the reaction product of (A) urethane modified diol being the reaction product of (a) diol and (b) diisocyanate reacted in a molar ratio of from about 2:0.8, 2:1.2 respectively; (B) polyol comprising at least about 5 weight percent triol; and (C) acid component selected from dicarboxylic acids and anhydrides thereof, and having i) a number average weight (Mn) between about 2 000 and about 4 000, ii) a hydroxyl number between about 30 and about 200, and iii) between about 1 and about 10 urethane groups per molecule, the polymerisation reaction mixture comprising between about 10 and about 80 weight percent hydroxy-containing urethane modified polyester precursor and between about 90 and about 20 weight percent lactone monomers; and II amine-aldehyde crosslinking agent. The polymerization of the lactone monomers is preferably carried out at a temperature between about 50°C and about 300°C. The polymerization reaction mixture comprises between about 10 and about 80 weight percent hydroxy-containing urethane modified polyester precursor and between about 90 and about 20 weight percent lactone monomers. The composition may further comprise solvent, pigments and additives such as, for example, catalyst, flow control agents and the like. A preferred type of such hydroxyl-containing urethane modified polyester precursor suitable for forming the hydroxy functional resin of the invention composition is the reaction product of: (A) hydroxy functional polyester resin being the reaction product of: (a) polyhydroxy material comprising diols and triols and (b) acid component selected from dicarboxylic acids and anhydrides thereof, wherein (a) and (b) are reacted in amounts so as to provide hydroxyl groups and carboxyl groups in a ratio of front about 6:2 to about 6:5, respectively; and (B) diisocyanate, wherein (A) and (B) are reacted in amounts so as to provide hydroxyl groups and isocyanate groups in a ratio of from about 4:1 to about 10:1, respectively. Preferably, this preferred type of such precursor has a hydroxyl number between about 50 and about 250 and contains between about 1 and about 7 urethane groups per molecule. Preferably,the polyhydroxy materials comprise diols and triols in a hydroxyl equivalent ratio of from about 4:1 to about 1:4, respectively, more preferably this ratio is about 3:1 to about 3:2.5. Particularly preferred compositions of the invention are those formulated as high solids coating compositions having solids levels in the range of 65-80% solids and which are applied as chip resistant primers in those areas of automotive panels, such as rocker panels, which are exposed to high levels of chipping. Such compositions may be applied in thicknesses ranging from 25µm - 0.64 mm (1 to 25) mils wet to obtain final coatings in the range of 25µm - 0.3 mm (1 to 12 mils) dry, and may be feathered down to blend in with paint applied to regions outside that requiring additional chip resistance protection. Generally, the compositions of this solids level may be applied using hot spray equipment at temperatures in the range of room temperature, i.e., (about 70°F to about 160°F). 21-71°C. Other preferred compositions of the invention are those formulated as high solids coating compositions adapted to be applied by conventional spraying onto a substrate. These high solids coating compositions may have a solids level in the range of 50-60% and are especially useful as a primer coating on the bare, unpolished metal surface of an automotive vehicle. As used herein, a high solids coating composition is one having a volatile organic content of about 479g/l (4.0 lb./gal.) or less. Other features and advantages of this invention will become more apparent from the following, detailed description thereof including the preferred embodiments and best mode of carrying out this invention. DETAILED DESCRIPTION OF THE INVENTION The hydroxy functional urethane modified polyester resin of the composition has a number average molecular weight ( Mn ) between about 2,000 and about 20,000, preferably between about 2,000 and about 6,000, and is the product of polymerization of the hereinbefore mentioned lactone monomers in the presence of hydroxy-containing urethane modified polyester precursor (i) having a number average molecular weight ( M n ) between about 2,000 and about 4,000 (ii) having a hydroxyl number of 30-200 and (iii) containing between about 1 and about 10 urethane groups per molecule. The precursor suitable for use in this invention is the reaction product of urethane modified diols with polyol and acid component. A preferred type of precursor suitable for use in this invention is the reaction product of polyester polyol resins with diisocyanate. The polymerization of lactone monomers with the precursor is preferably carried out at a temperature between about 50°C and about 300°C, more preferably at a temperature of between about 130°C and about 200°C. The polymerization reaction mixture comprises between about 10 and about 80 weight percent hydroxy-containing urethane modified polyester precursor and between about 90 and about 20 weight percent lactone monomers. Preferably, the polymerization reaction mixture comprises between about 35 and about 65 weight percent hydroxy-containing urethane modified polyester precursor and between about 65 and 35 weight percent lactone monomers. Each of the above major components of the compositions as well as other components and other aspects of the invention are described hereinafter in greater detail. A. Hydroxy Functional Urethane Modified Polyester Resin As described above, this copolymer is the product of polymerization of lactone monomer in the presence of hydroxy-containing urethane modified polyester precursor. It is believed to be a significant characterizing aspect of the hydroxy functional urethane modified polyester resin of the invention composition that the polymerized lactone portion of this hydroxy functional resin gives the resin flexibility as well as toughness, two key properties when choosing a primer for use in areas susceptible to chipping. Still further, because the hydroxy functional urethane modified polyester resins of the invention composition are branched, they require a minimum amount of crosslinking in order to obtain a suitable network for good coating integrity. Each of the reactants employed in the preparation of the hydroxy functional urethane modified polyester resin is described in greater detail below. (i) Hydroxy-Containing Urethane Modified Polyester Precursor The hydroxy-containing urethane modified polyester precursor employed to make the hydroxy functional urethane modified polyester resins of the invention composition (i) have a number average molecular weight (M n ) between about 2,000 and about 4,000 (ii) have a hydroxyl number between about 30 and about 200, and (iii) contain between about 1 and about 10 urethane groups per molecule. The precursor suitable for use in forming the hydroxy functional urethane modified polyester resin of this invention composition is the reaction product of: (A) urethane modified diol being the reaction product of: (a) dio and (b) diisocyanate, wherein the diol and the diisocyanate are reacted in a molar ratio of from about 2:0.8 to about 2:1.2 respectively; (B) polyol comprising at least about 5 weight percent triol; and (C) acid component selected from dicarboxylic acids and anhydrides thereof. In forming the urethane modified diol, the diol and diisocyanate are preferably reacted in a 2:1 molar ratio. The precursor, which is the reaction product of urethane modified diol, polyol and acid component, has a number average molecular weight ( M n ) between about 2,000 and about 4,000 and a hydroxyl number preferably between about 30 and about 200. Most preferably the hydroxyl number is between about 50 and about 120. The diols employed in making the urethane modified diol include, but are not limited to, alkylene glycols, such as butylene glycol, neopentyl glycol, 1,5-pentene glycol, 3-cyclohexene-1,1-dimethynol, other glycols such as hydrogenated bisphenol A, caprolactone diol (e.g., the reaction product of caprolactone and ethylene glycol), hydroxy alkylated bisphenols, polyether glycols, e.g., poly(oxytetramethylene)glycol, and polyester diols, e.g., 2,2-dimethyl-3-hydroxypropyl-2,2-dimethyl-3-hydroxypropionate, and the like. Preferred diols are neopentyl glycol and 2,2-dimethyl-3-hydroxypropyl-2,2-dimethyl-3-hydroxy-propionate, the latter material being commercially available as Esterdiol 204 (trademark, Union Carbide Corp., Danbury, Connecticut). While various types of diols have been mentioned above as suitable for use as the diol component in making the urethane modified diol, their disclosure is not meant to be limiting. Selection of other diols which would be suitable for use in forming the urethane modified diol would be well within the skill of those in the art in view of the present disclosure. Mixtures of diols may also be employed in making the urethane modified diol. Still further, in view of the principles discussed above for forming the urethan modified diol, one skilled in the art would appreicate that triols may be used in place of the diols to form urethane modified triols which may be employed herein. The diisocyanate employed in making the urethane modified diol may be essentially any diisocyanate and numerous diisocyanates are well known in the art. The diisocyanate may be any of a number of aliphatic, cycloaliphatic, and aromatic diisocyanates, such as those selected from the group which includes, but which is not limited to, hydrocarbon diisocyanates and substituted hydrocarbon diisocyanates, such as 1,6-hexamethylene diisocyanate, isophorone diisocyanate, p-phenylene diisocyanate, biphenyl diisocyanate, toluene diisocyanate, and 3,3-dimethyl-4,4-biphenylene diisocyanate. As would be apparent to those skilled in the art in view of the present disclosure, mixtures of various diisocyanates also may be employed as the diisocyanate component used in forming the urethane modified diol. The polyol component, used in forming the hydroxy-containing urethane modified polyester precursor described above, comprises at least about 5 weight percent triol (based on the weight of the polyol component). Preferred triols are conventional low molecular triols such as 1,2,6-hexane triol, 1,1,1-trimethylol propane, 3-(2-hydroxy-propoxy)-1,2-propanediol and polycaprolactone triols, which are commercially available as, for example, TONE-301 (trademark, Union Carbide Corp., Danbury, Connecticut). This polyol component may also comprise, in addition to the triols, other polyol materials such as diols or tetrols. Preferably, however, these other polyols, when employed, consist of diols. Examples of suitable diols which may be included in the polyol component are those which have been disclosed above as suitable for forming the urethane modified diol. Preferred diols for use in the polyol component are linear aliphatic diols. While the polyol component may comprise materials such as diols in addition to the triols the polyol component may consist essentially of triols. By employing diols in the polyol component in addition to the triols the flexibility of the coating composition is generally increased. Thus, selection of the polyol component to be used in forming the first preferred hydroxy-containing urethane modified polyester precursor will be dependent on the particular desired properties and application of the coating composition. When diols are employed in the polyol component, the polyol preferably comprises from about 10 to about 80 weight percent triols and from about 90 to about 20 weight percent diols. The acid component used to form the hydroxy-containing urethane modified polyester precursor is selected from dicarboxylic acids and anhydrides thereof. Numerous examples of such dicarboxylic acids and anhydrides are well known to those in the art. Preferably the acid component is selected from the group comprising C₆ - C₄₀ dicarboxylic acids and anhydrides thereof, which group includes, but is not limited to, adipic acid, azelaic acid, sebasic acid, dodecane dicarboxylic acid, dimer acid and cyclohexane dicarboxylic acid and anhydrides thereof. Mixtures of suitable acids and/or their anhydrides may also be used as the acid component in forming this precursor. In forming the hydroxy-containing urethane modified polyester precursor, the diol (a) and the diisocyanate (b) are combined and reacted, generally at an elevated temperature, so as to form the urethane modified diol. The ratio of the diol to diisocyanate (i.e., a molar excess of diol) is such that at the completion of this reaction substantially no unreacted isocyanate groups are present. This urethane modified diol is then combined and reacted with the polyol and acid component, generally in the presence of a catalyst and at elevated temperatures, so as to effect formation of the hydroxy-containing urethane modified polyester precursor. Catalysts desirably assure a rapid and/or more complete carboxyl/hydroxyl condensation reaction. Exemplary of catalysts which may be so employed are dibutyl tin oxide, hydrated monobutyl tin oxide, butylchlorotin dihydroxide, butyl tin tris(2-ethylhexoate), tetraisopropyl titanate, strong acids such as p-toluene sulfonic acid, phosphoric acid, sulfuric acid, and materials such as zinc oxide, antimony oxide (Sb₂O₃) and sodium acetate. Still other catalysts useful for this purpose will be apparent to those skilled in the art in view of the present disclosure. A preferred type of precursor suitable for forming the hydroxy functional resins of this invention composition is the reaction product of: (A) hydroxy functional polyester resin being the reaction product of: (a) polyhydroxy material comprising diols and triols with (b) acid component selected from dicarboxylic acids and anhydrides thereof, wherein (a) and (b) are reacted in amounts so as to provide hydroxyl groups and carboxyl groups in a ratio from about 6:2 to about 6:5, respectively; and (B) diisocyanate, wherein (A) and (B) are reacted in amounts so as to provide hydroxyl groups and isocyanate groups in a ratio of from about 4:1 to about 10:1, respectively. Preferably, the polyhydroxy materials comprise the diols and triols in a hydroxyl equivalent ratio from about 4:1 to about 1:4, respectively, more preferably from about 3:1 to about 3:2.5. By hydroxyl equivalent ratio is meant the ratio of the hydroxyl equivalents of the diol to the hydroxyl equivalents of the triol. This preferred type of precursor, which is the reaction product of hydroxy functional polyester resin and diisocyanate, has a number average molecular weight ( M n ) between about 2000 and about 4000 and a hydroxyl number preferably between about 50 and about 250, and preferably contains between about 1 and about 7 urethane groups per molecule. The diols, triols, acid components and diisocyanates which are employed in forming this preferred type of hydroxy-containing urethane modified polyester precursor may be selected from such reactants described above Their disclosure is not, however, meant to be limiting. Still other diols, triols, acid components and diisocyanates which may be employed in this invention in forming this preferred type of precursor would be apparent to those of the art in view of the present disclosure. In forming this preferred type of precursor, the polyhydroxy materials (i.e., diols, triols and optionally tetrols, etc.) and acid component are combined and reacted, generally at elevated temperatures and in the presence of a catalyst, so as to effect formation of a hydroxy functional polyester resin. Catalysts useful to accelerate the carboxyl/hydroxyl condensation reaction are well known in the art. Suitable carboxyl/hydroxyl catalysts have been previously disclosed herein. Others are known to those of the art. This hydroxy functional polyester resin is then modified by reaction with the diisocyanate, whereby urethane groups are incorporated into the polyester resin forming the preferred type of hydroxy-containing urethane modified polyester precursor. The reactions, are generally carried out in the presence of solvents commonly employed for coating formulations such as toluene, xylene, methyl amyl ketone, etc. Other suitable hydroxy-containing urethane modified polyester precursors are commercially available and known to those skilled in the art and would be apparent in view of this disclosure. (ii) Lactone Monomers The lactone used as a reactant is represented by the general formula: in which n is at least four, for example, from four to six, at least n+2R's are hydrogen, and the remaining R's are substituents selected from the group consisting of hydrogen, alkyl, cycloalkyl, alkoxy and single ring aromatic hydrocarbon radicals. Lactones having greater numbers of substituents other than hydrogen on the ring, and lactones having five or less carbon atoms in the ring, are considered unsuitable for the purposes of the invention because of the tendency that polymers thereof have to revert to the monomer, particularly at elevated temperature. The lactones preferred in this invention are the epsilon-caprolactones having the general formula: wherein at least six of the R's are hydrogen and the remainder are hydrogen, alkyl, cycloalkyl, alkoxy or single ring aromatic hydrocarbon radicals, none of the substituents contain more than about twelve carbon atoms, and the total number of carbon atoms in the substituents on a lactone ring does not exceed about twelve. Unsubstituted epsilon-caprolactone, in which all the R's are hydrogen, is derived from 6-hydroxyhexanoic acid and is most preferred. Substituted epsilon-caprolactones, and mixtures thereof, are available by reacting a corresponding substituted cyclohexanone with an oxidizing agent such as peracetic acid. Among the substituted epsilon-caprolactones considered most suitable for the purposes of the invention are the various monoalkyl epsilon-caprolactones such as the monomethyl-, monoethyl-, monopropyl-, monoisopropyl-, etc. to monododecyl epsilon-caprolactones; dialkyl epsilon-caprolactones in which the two alkyl groups are substituted on the same or different carbon atoms, but not both on the epsilon carbon atom; trialkyl epsilon-caprolactones in which two or three carbon atoms in the lactone ring are substituted, so long as the epsilon carbon atom is not distributed; alkoxy epsilon-caprolactones such as methoxy and ethoxy epsilon-caprolactones; and cycloalkyl, aryl, and aralkyl epsilon-caprolactones such as cyclohexyl, phenyl and benzyl epsilon-caprolactones. Lactones having more than six carbon atoms in the ring, e.g., zeta-enatholactone and eta-caprylolactone may also be polymerized in accordance with the invention. Polymerization of the lactones in accordance with this invention is carried out in conventional manner in that the polymerization is initiated by reaction with a compound having at least one reactive hydrogen capable, with or without the aid of a catalyst, of opening the lactone ring and adding it as an open chain without forming water of condensation - in this case the initiator compound being the hydroxy functional urethane modified polyester precursor described above. The polymerization reaction mixture comprises between about 10 and about 80 weight percent of the above described hydroxy functional urethane modified polyester precursor and between about 10 and about 20 weight percent of the lactone monomers. Preferably, the polymerization reaction mixture comprises between about 35 and about 65 weight percent of the hydroxy functional urethane modified polyester precursor and between about 65 and about 35 weight percent of the lactone monomers. To initiate and continue the polymerization of the lactone, the lactone and the initiator (i.e., the precursor) are preferably heated to a temperature between about 130° and 200°C. in order to achieve a practical and desirable rate of reaction with a minimum of decomposition. The temperature may be considerably lower however. i.e., as low as about 50°C. at the sacrifice of speed of reaction. It may also be considerably higher, i.e., up to about 300°C., although care must be taken at such higher temperatures because of the more likely losses, at temperatures above 250°C., due to decomposition or undesirable side reactions. Generally, therefore, a temperature range of 50° to 300°C. is considered operable and a more limited range between about 130° and 200°C. is considered preferable. The polymerization may be, and preferably is, carried out with the use of a catalyst, such as a basic or neutral ester interchange catalyst, to accelerate the reaction. Among catalysts suitable for this purpose are such metals as lithium, sodium, potassium, rubidium, cesium, magnesium, calcium, barium, strontium, zinc, aluminum, titanium, cobalt, germanium, tin, lead, antimony, arsenic and cerium, as well as the alkoxides thereof. Additional suitable catalysts are, by way of example, the carbonates of alkali- and alkaline earth metals, zinc borate, lead borate, zinc oxide, lead silicate, lead arsenate, litharge, lead carbonate, antimony trioxide, germanium dioxide, cerium trioxide, cobaltous acecate and aluminum isopropoxide. Catalyst concentrations between about 0.001 and 0.5%, based on the weight of the starting lactones, are suitable. The preferred range is from 0.01 to 0.2%. The hydroxy functional urethane modified polyester resin polymerization products obtained in accordance with the invention have number average molecular weights ( M n) within the range of about 2.000 to about 20,000. Most preferably, the resin polymerization products have a number average molecular weight between about 2,000 and about 6,000. Also, while not wishing to be bound by theory, it presently is understood that the chemical structure of the hydroxy functional urethane modified polyester resin is as follows. They have reactive terminal hydroxyl groups. Further, it presently is understood that they are characterized by the presence of series of interconnected, substantially linear units or groups composed of carbon, hydrogen and oxygen. The interconnected units are opened lactone residues each having a terminal oxy group at one end, a carbonyl group at the other end, an intermediate chain of at least five carbon atoms and at least one hydrogen substituent on the carbon atom in the intermediate chain that is attached to the terminal oxy group. The oxy group of one lactone residue is connected to the carbonyl group of an adjacent lactone residue in the series and the oxy group of the last lactone residue in a series is connected to a hydrogen to form a terminal hydroxyl group at one end of the series. B. Crosslinking Agent The crosslinking agent employed in the novel solvent based coating compositions of the invention comprises amine-aldehyde crosslinking agent. Amine-aldehyde crosslinking agents suitable for crosslinking hydroxy functional bearing materials are well known in the art. Typically, these crosslinking materials are product of reactions of melamine, or urea with formaldehyde and various alcohols. Preferably, the amine-aldehyde crosslinking agents useful in this invention are amine-aldehyde resins such as condensation products of formaldehyde with melamine, substituted melamine, urea, benzoguanamine or substituted benzoguanamine. Preferred members of this class are methylated melamine-formaldehyde resins such as hexamethoxymethylmelamine. The particular preferred crosslinkers are the high solids melamine resins which has substantially 100 percent nonvolatile content as measured by the foil method at 45°C for 45 minutes. For the purposes of the preferred composition of this invention it should be recognized that it is important not to introduce extraneous diluents that lower the final solids content of the coating. Other suitable amine-aldehyde crosslinking agents will be apparent to one skilled in the art. The amine-aldehyde materials function as a crosslinking agent in the compositions of the invention by reacting with the hydroxy functionality of the hydroxy functional urethane modified polyester resin. The amine-aldehyde crosslinking agent is generally included in the coating composition in an amount of between about 5 and about 50, more preferably between about 20 and about 40 weight percent based on the weight of the hydroxy functional urethane modified polyester resin of the composition. Selection of the optimal amount of amine-aldehyde crosslinking agent to be employed in the coating composition is dependent on the desired properties of the coating composition (e.g., flexibility) as well as its intended use. Particular preferred crosslinking agents are the amino crosslinking agents sold by American Cyanamid Company, Wayne, N.J. under the trademark "Cymel". In particular, Cymel 301, 303, 325, 1130, 1156, and 1161 which are alkylated melamine aldehyde resins are useful in the compositions of this invention. The crosslinking reactions are catalytically accelerated by acids. One such catalyst for example which may be so employed is p-toluene sulfonic acid (PTSA) which, when employed, is generally added to the composition in about 0.5% by weight based on the weight of crosslinking agent and hydroxy-containing modified polyester of the composition. C. General Discussion - Other Aspects of Invention and Other Components The coating compositions of the invention have been found to provide a cured coating having the advantageous physical properties described above, over a wide range of cure temperatures and a wide range of solids levels. More specifically, the coating compositions according to preferred embodiments of the invention have been found to cure at temperatures from as low as about 120°C or less within about 15 minutes or less, and yet to cure and suffer no significant loss of advantageous physical properties at temperatures as high as about 200°C or more for periods up to about 60 minutes or more. Considered together with the storage stability of the coating composition, it can be readily recognized that the present invention provides a highly significant advance in the coating composition art. It will be within the skill of the art to determine the proper Volatile Organic Content (VOC) for a given coating composition of the invention and for a given application. Preferred solvents have relatively low volatility at temperatures appreciably below their boiling points such that solvent evaporation is low during storage and/or application of the coating composition to the substrate. A suitable solvent system may include, for example, toluene, methyl amyl ketone, isobutyl acetate, xylene, cellosolve acetate, acetone and a mixture of any of them. Other solvents which may be employed include terpenes, aliphatic and aromatic naphthas, and the like. Additional suitable solvents are commercially available and will be apparent to the skilled of the art in view of the present disclosure. Any solvent allowed to remain in the cured coating should be inert so as to avoid adverse effect upon the cured coating or upon another coating layer used in conjunction with it during the curing process or thereafter. Preferrably, the cured coating is substantially free of solvent. Sufficient solvent is used to reduce the viscosity of the coating composition to a level suitable for application to the substrate in the desired manner. Obviously, in those cases where the composition is to be applied as a chip resistant primer the amount of solvent will be reduced so as to give a solids level of about 65-80%. Such higher solids materials are generally applied using hot spray equipment. Flow control agent(s), for example, polybutyl acrylate; wetting agent(s), for example, silicone; pigments; pigment dispersants; corrosion inhibitors, for example, chromate pigments, numerous of all of which are known to the skilled of the art, may be employed in the coating compositions of the invention. In addition, suitable reactive additives can be used, including, for example, low molecular weight diol flow control agents and reactive diluents. Compositions of the invention, and in particular the chip resistant primers of the invention, may also include anti-settling or anti-sagging agents to control the thixotropic properties of the composition. Exemplary of available materials suitable for this purpose are Dislon (trademark) 6900-20X manufactured by Kusumoto Chemicals, Ltd., Tokyo, Japan and sold by King Industries, Norwalk, CT 06852; Bentone (trademark) 38, N. L. Industries, Highstown, N. J. 08520; and Cab-O-Sil (trademark) M-5, Cabot Corporation, Boston, Mass.. Curing the coating composition requires baking for sufficient time at sufficiently elevated temperature to react the crosslinking agent with the hydroxyl functionality of the hydroxy functional urethane modified polyester resins. The time and temperature required to cure the coating are interrelated and depend upon the particular hydroxy functional urethane modified polyester resin, crosslinking agent, solvent and other materials, if any, and the amount of each comprising the coating composition. The coating compositions according to preferred embodiments of the invention, as described above, have been found to provide the best coating results when cured at temperature at about 150°C (300°F) for 20 minutes. It is a highly significant advantage of the invention, however, that these same coating compositions can withstand, for example, temperature as high as about 200°C (390°F) for periods of time as long as about 60 minutes. Accordingly, great flexibility is provided in both designing and implementing a curing schedule for parts coated with the coating compositions of the invention. Thus, in the assembly of automotive vehicles, for example, vehicles unavoidably held in a curing oven for long periods of time during unplanned assembly line shut-downs are recovered with cured and unharmed coatings. High solids coating compositions according to the present invention, comprising the novel crosslinkable hydroxy functional urethane modified polyester resins of the invention, especially the preferred resins described above and amine-aldehyde crosslinking agent, especially the preferred materials described above, have been found to afford cured coatings with improved corrosion resistance and chip resistance, thus representing a highly advantageous advance in the art. A most preferred use of the coating composition of the invention is as a high solids hot sprayable chip resistant primer for use on a bare metal substrate such as for an automotive vehicle body which is subject to chipping. Primer compositions typically are pigmented and any pigments commonly included in primer compositions for metal substrates and acrylic dispersion topcoats such as, for example, carbon black, iron oxide, lithopone, magnesium silicate, silica, barium sulfate, TiO₂, chrome yellow, calcium chromate, strontium chromate, zinc potassium chromate any the like may be used. The primer can be pigmented according to known methods including, for example, by grinding pigments in a portion of the curable resin and adding to the primer composition. The pigment-to-binder ratio of the chip resistant primer may be from about 0.5:1 to about 2:1 by weight, respectively; it is preferred, however, to use a primer having a pigment-to-binder ratio of from about 1:1 to about 1.5:1 by weight, respectively. In preferred embodiments of this invention pigments and thixotropic agents desirably are dispersed with epoxy ester resins which do not have an elastomeric component as does the hydroxy functional urethane modified polyester resin employed as the primary film forming resin of the compositions of this invention. It has been found that, in addition to being very effective dispersing agents for the preparation of pigment millbases and thioxtropic dispersions, non-elastomeric epoxies give the compositions toughness. One type of epoxy useful for this purpose comprises the reaction product of diepoxide, diphenol and/or dimer acid and a mixture of Soya fatty acid and propionic acid (See Example 4). Other epoxy ester resins useful for this purpose are those disclosed in United States Patent No. 4,491,641 These resins comprise the simultaneous reaction product of diepoxide with (i) diphenol, dicarboxylic acid or a mixture of them in chain extension reaction and (ii) fatty acid in chain terminating esterification reaction. Still other suitable epoxy resins useful for dispersing pigment and thixotropic agents will be apparent to the skilled of the art in view of the present disclosure. No special expedients are necessary in formulating the primer compositions of this invention. For example, they may be prepared simply by incorporating the resinous components in a suitable solvent system. Thus, for example, by suitable mixing or agitation, each resinous component may be dissolved in a solvent and the resulting solutions combined to form finished primer compositions. The solvent system may be any suitable combination of organic solvents as described above. For a high solids, hot sprayable, automotive vehicle chip resistant primer, the solvent will comprise preferably about 20 to about 40 percent by weight of the total coating compositions, although of course, larger or smaller amounts may be utilized depending upon the solids content desired. The primer is generally maintained at about 65 to about 80 percent solids content for hot spraying purposes with conventional thinners such as aromatic hydrocarbons, commercial petroleum cuts which are essentially aromatic, and the like, and sprayed onto the metal base or other substrate and cured. The primer may be applied in greater thickness of 25µm - 0.64 mm (1 to 25 mils) wet, preferably (0.25 µm - 0.64mm) 10 to 25 mils wet, in order to obtain final coatings in the desired range of (0.13-0.28mm) 5-11 mils dry in regions highly susceptible to chipping and is then feathered down in thickness to the thickness of paints in areas not receiving a chip resistant primer. The primer is cured at elevated temperatures by any convenient means such as baking ovens or banks of infra-red heat lamps. Curing temperatures are preferably from about 135°C to about 165°C, although curing temperatures from about 100°C to about 230°C may be employed, if desired. Industrial Application It will be apparent from the foregoing that this invention has industrial applicability as a coating composition, especially as a hot sprayable, high solids coating composition suitable for use as a chip resistant automotive vehicle primer adapted for use on body panel areas subject to chipping by stones, gravel and other road debris. The invention will be further understood by referring to the following detailed examples. It should be understood that these specific examples are presented by way of illustration and not by way of limitation. Unless otherwise specified, all references to "parts" are intended to mean parts by weight. Example 1 Preparation of Hydroxy-Containing Urethane Modified Polyester Precursor In a suitable reactor were weighed 862 parts xylene, 1070 parts Esterdiol 204 (trademark, Union Carbide, diol), and 0.04 parts dibutyl tin dilaurate catalyst. The temperature of the mixture was brought up to the point where it began to reflux. After one and a half hours, it was cooled to 105°C. 690 parts Desmondur W (trademark, Mobay Chemical Co., diisocyanate) were added to the mixture over a period of three hours. The mixture was maintained at 110°C until no residual NCO was detected. 454 parts Tone 0301 (trademark, Union Carbide, polycaprolactone triol), 500 parts adipic acid, and 7 parts Fascat 4100 (trademark, M&T Chemical Co., catalyst) were added to the mixture. The temperature of the mixture was brought up to 155°C. At reflux, 123 parts water were collected, the heat was increased to raise the temperature to 200°C. 700 parts xylene were removed from the mixture while reflexing. The reaction was continued until solution acid number of 6 was reached. The mixture was cooled to 150°C and 1350 parts methyl amyl ketone were added. The resulting resin had Y viscosity at 60.0% solids. Example 2 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor were weighed 2600 parts of the resin made in Example 1. The temperature was raised to 155°C and the mixture was refluxed for half an hour. 800 parts epsilon-caprolactone were added to the mixture, and the temperature was maintained at 155°C for two hours. The mixture was allowed to cool. The resulting resin had a Z₂ viscosity at 70.0% solids. Example 3 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor were weighed 2000 parts of the resin made in Example 1. The temperature was raised to 155°C and the mixture was refluxed for half an hour. 1250 parts epsilon-caprolactone and 1 part dibutyltin oxide were added to the mixture. The temperature of the mixture was maintained at 155°C for two hours and then allowed to cool. The resulting resin had a Z₃ viscosity at 75% solids. Example 4 Preparation of Epoxy Ester Dispersing Resin In a suitable reactor were weighed 1280 parts Epon 829 (trademark, Shell Chemical Co., diepoxide), 954 parts Empol 1016 (trademark, Emery Industries, dimer acid), 364 parts Soya fatty acid, 268 parts 2,2-bis-(hydroxymethyl) propionic acid, and 13 parts lithium neodecoanoate. The temperature of the mixture was brought up to about 180°C, at which point an exothermic reaction took place that raised the temperature to about 200°C. After one hour, the acid number was found to be less than 2. 940 parts Solvesso 100 and 305 parts Solvesso 150 were added and the mixture was cooled. The resin had a viscosity of Z₇ at 70.0% solids. Example 5 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor were weighed 354 parts neopentyl glycol, 204 parts trimethylolpropane, 482 parts adipic acid, 4 parts dibutyl tin oxide, and 50 parts xylene. The temperature was brought up to about 130°C and a reflux started; the mixture temperature increased to 180°C and 120 parts of water were collected. At that point, the acid number was determined to be 1. 220 parts of M-pyrol was added to the mixture. It then was allowed to cool to 110°C. .06 parts of dibutyl tin dilaurate was added to the mixture. 160 parts Desmodur W (trademark, Mobay Chemical Co., diisocyanate) then was added dropwise to the mixture over 1 hour. The temperature of the mixture was maintained at 120°C for 1 hour. After 1 hour no residual NCO was detected. 1085 parts epsilon-caprolactone was added to the mixture. The temperature was raised slowly to 175°C and maintained there for 2 hours. The mixture was then cooled. 450 parts of M-pyrol was added. The resulting resin was dark brown in color and had a Z₂ viscosity at 75% solids. Example 6 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor were weighed 571 parts Esterdiol 204, (trademark, Union Carbide, diol), 500 parts xylene, and .05 parts dibutyl tin dilaurate. The temperature of the mixture was brought up to the point where it began to reflux. After 1 hour, it was cooled to 110°C. 356 parts Desmodur W (trademark, Mobay Chemical Co., diisocyanate) was added dropwise over 1 hour and the temperature of the mixture was maintained at 120°C. After 2 hours, no residual NCO was detected. 240 parts trimethylolpropane, 262 parts azelaic acid, 66 parts adipic acid, and 4 parts dibutyl tin oxide were added to the mixture. The temperature of the mixture was raised to 145°C to reflux. 300 parts of xylene was distilled from the mixture. The temperature slowly rose to 190°C, and 60 parts of water were distilled from the mixture in 2 hours. At that point, the acid number of the mixture was determined to be 1. The mixture was cooled to 170°C and 2162 parts epsilon-caprolactone was added. The temperature was maintained at 175°C for 2 hours. The heat was removed and 990 parts M-pyrol was added to the mixture and it was then allowed to cool. The resulting resin was dark brown in color and had a viscosity of Z at 75% solids. Example 7 Preparation of Hydroxy-Containing Urethane Modified Polyester Precursor In a suitable reactor were weighed 714 parts Esterdiol 204 (trademark, Union Carbide, diol), 220 parts trimethylolpropane, 2002 parts Empol 1016 (trademark. Emery Ind., dimer acid). 100 parts xylene, and 5 parts dibutyl tin oxide. The temperature of the mixture was raised to 160°C. Water was distilled slowly from the mixture. The temperature rose to 200°C and 120 parts of water were collected. At that point, the mixture had an acid number of 1.6. 921 parts M-pyrol was added and the mixture was cooled to 115°C. 337 parts Desmodur W (trademark, Mobay Chemical Co., diisocyanate) was added dropwise over 1 hour to the mixture. The resulting resin had a Z₆ viscosity at 72.8% solids. Example 8 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor were weighed 2349 parts of the resin made in Example 7 and 726 parts epsilon-caprolactone. The temperature of the mixture was raised to 175°C and maintained there for 2 hours. At that point, 380 parts of M-pyrol was added and the mixture was cooled. The resulting resin had a Z₄ viscosity at 69.2% solids. Example 9 Preparation of Hydroxy-Containing Urethane Modified Polyester Precursor In a suitable reactor ware charged 718 parts Esterdiol 204 (trademark, Union Carbide, diol), 506 parts xylene and .05 parts dibutyl tin dilaurate. The temperature of the mixture was brought up to the point where it began to reflux. After 1 hour, it was cooled to 110°C and 464 parts of Desmodur W (trademark, Mobay Chemical Co., diisocyanate) was added dropwise to the mixture over 1 hour. The mixture was maintained at 115°C until no residual NCO was detected. 104 parts trimethylolpropane, 1207 parts Empol 1016 (trademark, Emery Ind., dimer acid), and 4 parts dibutyl tin oxide were added to the mixture. The temperature was raised to 160°C, and 350 parts of xylene and 80 parts of water were collected. The temperature of the mixture was allowed to rise to 200°C. An additional 50 parts of xylene and 20 parts of water were removed. At that point, an acid number of 3.5 was determined. 936 parts M-pyrol were added and the mixture was allowed to cool. The resulting resin was brown in color and had a Z₂ viscosity at 69.2% solids. Example 10 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor were weighed 1942 parts of the resin made in Example 9 and 407 parts epsilon-caprolactone. The temperature of the mixture was raised to 175°C and maintained there for 2 hours. 757 parts M-pyrol was added and the mixture was allowed to cool. The resulting resin had a Z viscosity at 56.4% solids. Example 11 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor were weighed 648 parts Esterdiol 204 (trademark, Union Carbide, diol), 456 parts xylene, and .05 parts dibutyl tin dilaurate. The temperature was brought to the point where the mixture began to reflux. After one hour of refluxing, it was cooled down to 110°C and 276 parts of toluene diisocyanate were added dropwise to the mixture over 1 hour. The temperature was maintained at 115°C until no residual NCO was detected. 240 parts Tone 0301 (trademark, Union Carbide, polycaprolactone triol), 263 parts adipic acid, and 3 parts Fascat 4100 (trademark, M&T Chemical Co., catalyst) were added to the mixture. The temperature of the mixture was raised to 155°C and reflux started. The temperature of the mixture continued to rise to 175°C and 65 parts water were distilled off. At that point, the mixture had an acid number of 1.5. 1364 parts epsilon-caprolactone and 1.4 parts dibutyl tin oxide were added to the mixture. The temperature was maintained at 175°C for 2 hours. 908 parts M-pyrol were added and the mixture was allowed to cool. The resulting resin had a Y viscosity at 73.4% solids. Example 12 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor were charged 931 parts Esterdiol 204 (trademark, Union Carbide, diol), 266 parts trimethylolpropane, 668 parts adipic acid, 50 parts xylene, and 5 parts dibutyl tin oxide. The temperature of the mixture was brought up to reflux at 155°C and the temperature was allowed to rise to 175°C. 166 parts of water was distilled from the mixture. At that point, the mixture had an acid number of 2.0. 764 parts xylene were added and the mixture was cooled to 110°C. 200 parts toluene diisocyanate were added over 1 hour. The temperature was maintained at 115°C until no residual NCO was detected. 1900 parts epsilon-caprolactone and 2 parts dibutyl tin oxide were added to the mixture. The temperature was raised to 170°C and maintained for 3 hours. 450 parts M-pyrol was added and the mixture was allowed to cool. The resulting resin had a V viscosity at 73.4% solids. Example 13 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor are weighed 459 parts Esterdiol 204 (trademark, Union Carbide, diol), 310 parts Tone 0301 (trademark, Union Carbide, polycaprolactone triol), 423 parts azelaic acid, 4 parts dibutyl tin oxide, and 50 parts xylene. The temperature is raised slowly to 175°C and 81 parts of water are removed. 476 parts xylene and 4 drops dibutyl tin dilaurate are added and the mixture is allowed to cool to 110°C. 190 parts Desmodur W (trademark, Mobay Chemical Co., diisocyanate) is added dropwise over 1 hour and the temperature is maintained at 115°C until no residual NCO is detected. The temperature of the mixture is raised to reflux and 276 parts xylene are removed. 1301 parts epsilon-caprolactone is added to the mixture. The temperature of the mixture is raised to 175°C and maintained for 2 hours. 667 parts M-pyrol are added and the mixture is allowed to cool. Example 14 Preparation of Hydroxy Functional Urethane Modified Polyester Resin In a suitable reactor are weighed 225 parts dimethyl-1,4-cyclohexanedicarboxylate, 164 parts adipic acid, 310 parts Tone 0301 (trademark, Union Carbide, polycaprolactone triol), 459 parts Esterdiol 204 (trademark, Union Carbide, diol), 4 parts dibutyl tin oxide, and 50 parts xylene. The temperature is raised slowly to 175°C. 72 parts of methanol and 40 parts of water are collected. 400 parts xylene and .05 parts dibutyl tin dilaurate are added and the mixture is cooled to 110°C. 180 parts Desmodur W (trademark, Mobay Chemical Co., diisocyanate) is added over 1 hour and the mixture is maintained at 115°C until no residual NCO is observed. 1900 parts epsilon-caprolactone is added and the temperature of the mixture is raised to 175°C. It is maintained there for 2 hours. 600 parts M-pyrol is added and the mixture is cooled. Example 15 Millbase Preparation In a one gallon can or ball mill were charged the following materials and one quart of diagonal shot. The mixture was placed on roller mill for 16-24 hours to reach a 7+ Hegman dispersion. At that point, the letdown was added and the mixture was run an additional hour on the roller mill. Examples 16-19 Coating compositions according to the invention are formulated as shown below. Example 16 17 18 19 Composition Parts Millbase of Example 15 530 530 350 530 Resin of Example 4 35 35 66 35 Resin of Example 3 237 237 272 Resin of Example 6 237 Cymel 1130 95 120 95 Cymel 325 120 Zeothix 265 30 30 30 30 2-ethyl hexanol 15 15 17 15 n-butyl alcohol 42 50 45 42 n-butyl acetate 100 135 110 100 Nacure 1051 15 17 15 Phenylacid phosphate 44% 47 The coating compositions are prepared by sequential mixing in a 191 (5 gallon) working capacity EMCO Proto-Lab SW Mill (trademark, Epworth Mfg. Co., South Haven, Michigan), set at 900 rpm. The millbase, resin, crosslinker, M-pyrol are added sequentially while mixing. The above compositions are sprayed at 140°-160°C using hot-spray equipment commercially available from Nordson Corp. High Build Electrocoated Unpolished Bonderite steel panels are sprayed and baked at 155°C for 20 minutes. The thickness of the coating tested varies from 0.13mm-0.3mm (5mils to 12 mils). The panels are top-coated with white enamel and tested for chip resistance using 10 pts. of gravel in the gravelometer test. All the above compositions exhibit excellent chip resistance. In addition, panels are tested for corrosion resistance (500 hrs. salt spray test, scribed panels) and humidity resistance with excellent results. In view of this disclosure, many modifications of this invention will be apparent to those skilled in the art.

Claims: An organic solvent based thermosetting coating composition comprising: (i) hydroxy functional urethane modified polyester resin having a number average molecular weight (Mn) of between about 2 000 and about 20 000, the resin being the product of polymerization of lactone monomers of the general formula : wherein n is at least 4 at least n + 2 R's are H and the remaining R's are selected from alkyl, cycloalkyl, alkoxy and single ring aromatic hydrocarbon radicals, in the presence of hydroxy-containing urethane modified polyester precursor having reactive hydroxy groups, the polyester precursor being the reaction product of (A) urethane modified diol being the reaction product of (a) diol and (b) diisocyanate reacted in a molar ratio of from about 2:0.8, 2:1.2 respectively; (B) polyol comprising at least about 5 weight percent triol; and (C) acid component selected from dicarboxylic acids and anhydrides thereof, and having i) a number average weight (Mn) between about 2 000 and about 4 000, ii) a hydroxyl number between about 30 and about 200, and iii) between about 1 and about 10 urethane groups per molecule, the polymerisation reaction mixture comprising between about 10 and about 80 weight percent hydroxy-containing urethane modified polyester precursor and between about 90 and about 20 weight percent lactone monomers; and II amine-aldehyde crosslinking agent. A solvent based, thermosetting coating composition as claimed in claim 1 wherein said precursor has a hydroxyl number between about 50 and about 120. A solvent based, thermosetting coating composition as claimed in claim 1, wherein said polyol further comprises diol. A solvent based, thermosetting coating composition as claimed in claim 3, wherein said polyol comprises about 10-80 weight percent triol and about 90 - 20 weight percent diol. A solvent based, thermosetting coating composition as claimed in claim 1, whereins aid acid component is selected from C₆-C₄₀ dicarboxylic acids and anhydrides thereof. A solvent based, thermosetting coating composition in accrdance with claim 1, wherein said hydroxy-containing urethane modified polyester precursor is the reaction product of (A) hydroxy functional polyester resin being the reaction product of: (a) polyhydroxy material comprising diols and triols and (b) acid component selected from dicarboxylic acid and anhydrides thereof, wherein said (a) and (b) are reacted in amounts so as to provide hydroxyl groups and carboxyl groups in a ratio of from about 6:2 to about 6:5, respectively; and (B) diisocyanate, wherein said (A) and (B) are reacted in amounts so as to provide hydroxyl groups and isocyanate groups in a ratio of from about 4:1 to about 10:1 respectively. A solvent based, thermosetting coating composition in accordance with claim 6 wherein said precursor has a hydroxyl number between about 50 and about 250. A solvent based, thermosetting coating composition in accordance with claim 6 wherein said polyhydroxy material (a) comprises said diols and said triols in a hydroxyl equivalent ratio of from about 4:1 to about 1:4. A solvent based, thermosetting coating composition in accordance with claim 6, wherein said polyhydroxy material (a) comprises said diols and said triols in a hydroxyl equivalent ratio of from about 3:1 to about 3:2.5. A solvent based, thermosetting coating composition in accordance with claim 6, wherein said acid component is selected from C₆-C₄₀ dicarboxylic acids and anhydrides thereof. A solvent based, thermosetting coating composition as claimed in claim 1, wherein said lactone monomers comprises unsubstituted epsilon-caprolactone monomers. A solvent based, thermosetting coating composition in accordance with claim 1, wherein said amine-aldehyde crosslinking agent is employed in an amount of from about 5 to about 50 weight percent based on the weight of said hydroxy functional urethane modified polyester resin present in said composition. A solvent based, thermosetting coating composition in accordance with claim 1, wherein said amine-aldehyde crosslinking agent is selected from alkylated melamine aldehyde resins. A solvent based, thermosetting coating composition in accordance with claim 1, adapted to be used as a chip resistant primer to be sprayed at elevated temperature, wherein the solids level of the composition is in the range of 60-80% by weight. A solvent based, thermosetting coating composition as claimed in claim 1 wherein the hydroxy functional urethane modified polyester resin is the product of polymerization of epsilon-caprolactone monomers in the presence of hydroxy-containing urethane modified polyester precursor having reactive hydroxy groups, wherein the epsilon-caprolactone monomers are polymerized and reacted with the hydroxy groups of the precursor to form polymeric chains attached to the precursor, the precursor being the reaction product of: (A) urethane modified diol being the reaction product of (a) diol selected from glycols, caprolactone diols, hydroxy alkylated bisphenols and polyester diols and (b) diisocyanate selected from aliphatic, cycloaliphatic and aromatic diisocyanates (B) polyol comprising at least about 5 weight percent triol; and (C) acid component is selected from C₆-C₄₀ dicarboxylic acid and anhydrides thereof; and (II) amine-aldehyde crosslinking agent selected from alkylated melamine aldehyde resins and employed in an amount of from about 5 to about 50 weight percent based on the weight of said hydroxy functional urethane modified polyester resin in said composition. A solvent based, thermosetting coating composition as claimed in claim 1 having a hydroxyl number between about 50 and about 250, and containing between about 1 and 7 urethane groups per molecule, the precursor being the reaction product of: (A) hydroxy functional polyester resin being the reaction product of: (a) polyhydroxy materials comprising (i) diols selected from glycols, caprolactone diols, hydroxy alkylated bisphenols and polyester diols and (ii) triols in a hydroxy equivalent ratio of from about 4:1 to 1:4 and (b) acid component selected from C₆-C₄₀ dicarboxylic acids and anydrides thereof, wherein said (a) and (b) are reacted in amounts so as to provide hydroxy groups and carboxyl groups in a ratio of from about 6:2 to about 6:5, respectively; and (B) diisocyanate selected from aliphatic, cycloaliphatic and aromatic diisocyanates, wherein said (A) and (B) are reacted in amounts so as to provide hydroxyl groups and isocyanate groups in the ratio of from about 4:1 to about 10:1 respectively; and (II) amine-aldehyde crosslinking agent selected from alkylated melamine aldehyde resins and employed in an amount of from about 5 to about 50 weight percent based on the weight of said hydroxy functional urethane modified polyester resin in said composition.

Inventors: DERVAN, ANDREW HUBERT, KORDOMENOS, PANAGIOTIS I.
Applicants: E.I. DU PONT DE NEMOURS AND COMPANY
Application year: 1987
Main classification: C09D167
IPC codes: C08G18