Polypropylene composition

Abstract: The polypropylene composition of the present invention comprises: a blend of a resin composition composed of a specific polypropylene type resin (C) and at least one saturated polyester resin (D), an epoxy group containing copolymer (E) and at least one rubber selected from the group consisting of an ethylenic copolymer rubber (F), a modified ethylenic copolymer rubber (G) obtained by graft copolymerizing an unsaturated carboxylic acid or a derivative thereof onto an ethylenic copolymer rubber and a modified ethylenic copolymer rubber (H) obtained by graft copolymerizing an unsaturated carboxylic acid or derivative thereof and an unsaturated aromatic monomer onto an ethylenic copolymer rubber, and a basic compound (I) optionally added as a reaction accelerator. The polypropylene composition according to the present invention is not only good in molding proces­ sability but also markedly effective in that it can give molded products superior in physical properties to those obtained from individual polymers constituting the thermoplastic resin composition. The novel polypropylene composition provided by the present invention can easily be processed into a molded product, a film, a sheet or the like by a molding method usually used for molding thermoplastic resins, for example, injection molding, extrusion molding or the like, giving a product which has a very good balance of stiffness, heat resistance, impact resistance, scratch resistance, coating properties, oil resistance, chemical resistance, water resistance, etc., and is ecellent in appearance uniformity and smoothness. It can be advantageously used for purposes requiring especially high heat resistance and impact resistance, in particular, low-temeprature impact resistance.

Description: The present invention relates to a novel polypropylene composition which can be utilized in the form of molded articles, sheets, films, etc. by means of injection molding, extrusion molding, etc. More particularly, the present invention relates to a novel polypropylene composition having an excellent balance in physical properties and an excellent appearance, which is obtained by blending a polypropylene resin and a saturated polyester resin with an epoxy group containing copolymer, a modified ethylenic copolymer rubber and a basic compound. Fig. 1 shows an example of a measurement chart evaluating the penetration impact strength. The abscissa refers to the degree of deformation of a test piece and the ordinate to stress corresponding to individual values of the degree of deformation. Said measurement chart is obtained by measuring the degree of deformation and the stress continuously and plotting these values on a X-Y plotter continuously. The yield point energy is determined by integrating the area with respect to the displacement and the stress from the increase of the detected stress to the point of yield of the material. The total energy is determined by integrating the area with respect to the displacement and the stress from the rising of the detected stress to the fracture of the material. The state of the fracture of the material is judged to be ductile (D) or brittle (B) by investigating an actual fractured test piece of the material. Polypropylenes have heretofore been widely used in the form of molded articles, films, sheets, etc. because they have excellent molding processability, toughness, water resistance, gasoline resistance, chemical resistance, etc., a low specific gravity and are not expensive. They, are however poor or should be improved in heat resistance, stiffness, impact resistance, scratch resistance, coating properties, adhesive properties, printability, etc., and this defect is an obstacle to the opening-up of new avenues of practical use for them. To improve the coating properties, adhesive properties, printability etc. among the above properties, a method has been devised which comprises subjecting a portion or the whole of a polypropylene to graft modification by the use of an unsaturated carboxylic acid or an anhydride thereof, as disclosed, for example, in JP-B-58-47418 or JP-A-58-49736. However, even the employment of the modified polypropylenes thus obtained does virtually not improve physical properties such as impact resistance, heat resistance and stiffness. On the other hand, saturated polyester resins are widely used in the fields of automobile parts and electric and electronic parts, as engineering resins with characteristic heat resistance, stiffness, penetration impact resistance, scratch resistance, oil resistance and electric properties. It is, however, desirable to further improve their molding processability, toughness, notched impact resistance, water resistance, chemical resistance, etc. In addition, they have essential disadvantages in that they have a higher specific gravity and are more expensive than polyolefins. From such a viewpoint, when by blending a polypropylene type resin selected from modified polypropylenes or compositions composed of modified polypropylenes and polypropylenes with a saturated polyester resin, a thermoplastic resin having the characteristics of both the polypropylene resin and the saturated polyester resin can be obtained, various new uses can be expected. However, it has heretofore been assumed that the compatibility and dispersability between polypropylene resins and saturated polyester resins is very low. In fact, mere mixing of the above two kinds of resins involves the following problems. 1 ○ The Barus effect of the molten polymer is remarkable, so that a stable taking-off of the extruded strand is substantially impossible, resulting in a marked lowering of the molding workability. 2 ○ There can be obtained only an injection-molded product which has an extreme nonuniformity, has an ugly appearance owing to formation of flow marks, and cannot be used in practice in automobile parts, electric and electronic parts, etc. 3 ○ The mechanical properties, in particular, impact resistance, tensile elongation, etc., of a molded product made of a mixture of a polypropylene resin and a saturated polyester resin often have values lower than those usually expected from the additivity of the respective physical properties of the polypropylene resin and the saturated polyester resin. Polypropylenes and saturated polyesters are naturally not compatible with each other, but according to the method disclosed in JP-A-61-60746 (EP-A-0 177 151), a polypropylene type resin selected from modified polypropylenes or compositions composed of modified polypropylenes and polypropylenes and a saturated polyester resin can be made compatible with and dispersable in each other by blending an epoxy group containing copolymer with them. Thus, it is possible to produce a thermoplastic resin composition which has a good balance of physical properties such as molding processability, stiffness, heat resistance, impact resistance, scratch resistance, coating properties, oil resistance, chemical resistance, and water resistance, and has an excellent appearance, uniformity and smoothness. Aim of the present invention is to further improve the heat resistance and impact resistance of the thermoplastic resin composition disclosed in JP-A- 61-60746 (EP-A-0 177 151). Modified resin compositions which are similar to the resin compositions of the present invention are disclosed in the concurrently filed applications EP-A-0 33 7 214 and EP-A- 0 335 394. The present invention relates to a polypropylene composition comprising a blend of 100 parts by weight of a resin composition composed of 1 to 90% by weight of a polypropylene type resin (C) selected from the group consisting of a modified polypropylene (A) obtained by graft copolymerizing an unsaturated carboxylic acid or a derivative thereof onto a polypropylene, and a composition composed of a modified polypropylene (A) and a polypropylene (B) and 99 to 1% by weight of at least one saturated polyester resin (D), 0.1 to 300 parts by weight of an epoxy group containing copolymer (E) and 0.1 to 300 parts by weight of at least one rubber selected from the group consisting of an ethylenic copolymer rubber (F), a modified ethylenic copolymer rubber (G) obtained by graft copolymerizing an unsaturated carboxylic acid or a derivative thereof onto an ethylene copolymer rubber, and a modified ethylenic copolymer rubber (H) obtained by graft copolymerizing an unsaturated carboxylic acid or a derivative thereof and an unsaturated aromatic monomer onto an ethylenic copolymer rubber, and up to 5 parts by weight of a basic compound (I) optionally added as a reaction accelerator, the content of the saturated polyester resin in the polypropylene composition being less than 50% by weight. Furthermore, the present invention relates to a polypropylene composition optionally comprising 0.01 to 300 parts by weight of a filler (J) per 100 parts by weight of the aforesaid resin composition comprising 1 - 99% by weight of polypropylene type resin (C) selected from the group consisting of a modified polypropylene (A) obtained by graft copolymerizing an unsaturated carboxylic acid or a derivative thereof onto a polypropylene, and a composition composed of a modified polypropylene (A) and a polypropylene (B) and 99 to 1% by weight of at least one saturated polyester resin (D). The polypropylene type resin (C) used in this invention is a resin selected from the group consisting of a modified polypropylene (A) and a composition composed of a modified polypropylene (A) and a polypropylene (B). A detailed explanation of polypropylene is given below. In the present specification, the word "polypropylene" is used to describe the starting material for the modified polypropylene (A) in some cases and as the polypropylene (B) in other cases. In this invention, the polypropylene is a crystalline one and includes, for example, propylene homopolymer; block copolymers obtained by polymerizing propylene in the first step and copolymerizing the resulting polypropylene with ethylene and at least one α-olefin such as propylene or butene-1 in the second step; and n and m copolymers obtained by copolymerizing propylene with an α-olefin such as ethylene or butene-1. The homopolymers, block copolymers or random copolymers can be obtained, for example, by reacting the starting materials in the presence of a chemical complex of a titanium trichloride and an alkylaluminium compound which is usually called Ziegler-Natta catalyst. The polymerization can be carried out at 0° to 300°C. However, preferably, the polymerization is carried out usually in the range of 0° to 100°C,as for example, above 100°C, no highly stereoregular polymerization of an α-olefin such as propylene occurs and it becomes difficult to obtain a polymer having high stereoregularity. Although the polymerization pressure is not critical, it is preferably 3 to 100 atmospheres because such a pressure is industrial and economical. The polymerization can be carried out by a continuous process or a batch process. As a method for the polymerization, there can be employed slurry polymerization using an inert hydrocarbon solvent such as butane, pentane, hexane, heptane, or octane; solution polymerization in which the produced polymer is dissolved in the inert hydrocarbon solvent mentioned above; bulk polymerization in which a liquid monomer is polymerized without solvent; and gas phase polymerization in which a gaseous monomer is polymerized. It is also possible to add a chain transfer agent such as hydrogen in order to control the molecular weight of the polymer. The polypropylene used in this invention can be produced using an isospecific Ziegler-Natta catalyst. The catalyst used herein is preferably one which has a high isospecificity. Catalysts which can be suitably used are those containing titanium trichloride having a layer crystal structure or a solid complex of a magnesium compound and a titanium compound as the transition metal constituent and an organoaluminum compound as the typical metal constituent. The catalyst may further contain a well-known electron donating compound as the third component. The titanium trichloride used can be prepared by reducing titanium tetrachloride with a wide variety of reducing agents. As the reducing agent, metals such as aluminum and titanium, hydrogen, organometal compounds, etc. are known. A typical example of titanium trichloride produced through metal reduction is a titanium trichloride composition (TiCl₃AA) which is prepared by reducing titanium tetrachloride with metallic aluminum and then pulverizing the reduction product by means of a ball mill or a vibration mill. Owing to the above process, the TiCl₃AA contains activated aluminum chloride. For improving the isospecificity, polymerization activity and/or particle shape of the TiCl₃AA, a compound selected from the group consisting of ether, ketones, esters, aluminum chloride, titanium chloride, etc. may be added during the pulverization. The titanium trichloride which is more preferable for the object of this invention is one which is obtained by reducing titanium tetrachloride with an organoaluminum compound, and subjecting the resulting titanium trichloride composition to a catalytic reaction with an ether compound and an halogen compound successively or at the same time. As the ether compound, those having the formula R¹-O-R² (each of R¹ and R² is an alkyl group having 1 to 18 carbon atoms), in particular, di-n-butyl ether and di-t-amyl ether, are preferable. The halogen compound is preferably selected from the group consisting of halogens, in particular, iodine; halogen compounds, in particular, iodine trichloride; titanium halides, in particular, titanium tetrachloride; and halogenated hydrocarbons, in particular, carbon tetrachloride and 1,2-dichloroethane. As the organoaluminum compound, those represented by the formula AlR³ n X 3-n (R³ is a hydrocarbon group having 1 to 18 carbon atoms, X is a halogen selected from Cl, Br and I, and n is an integer satisfying the inequality 3 ≧ n >1), in particular, diethylaluminum chloride and ethylaluminum sesquichloride, are preferable. Processes for producing such titanium trichloride as mentioned above are disclosed in detail in JP-A-47-34470, JP-A-53-33289, JP-A-53-51285, JP-A-54-11986, JP-A-58-142903, JP-A-60-28405, JP-A-60-228504, JP-A-61-218606, etc. When titanium trichloride having a layer crystal structure is used as the transition metal compound component, organoaluminum compounds represented by the formula AlR⁴ m X 3-m (R⁴ is a hydrocarbon group having 1 to 18 carbon atoms, X is a halogen selected from Cl, Br and I, and m is a number in the range 3 ≧ m > 0) are preferable as the typical metal compound component. Organoaluminum compounds particularly preferable for the object of this invention are compounds in which R⁴ is an ethyl or isobutyl group, and m is a number in the range 2.5 ≧ m ≧ 1.5. Specific examples of such compounds are diethylaluminum chloride, diethylaluminum bromide, diethylaluminum iodide, and mixtures of these compounds and triethylaluminum or ethylaluminum dichloride. When the third component described later is co-used, organoaluminum compounds in which m is a number in the range 3 ≧ m ≧ 2.5 or 1.5 ≧ m > 0 can be suitably used for the object of this invention. The molar ratio of the organoaluminum compound to the titanium trichloride falls within a wide range of 1 - 1,000 : 1. The catalyst comprising titanium trichloride and the organoaluminum compound may further contain the third component which is well known. Specific examples of the third component are ε-caprolactam; ester compounds such as methyl methacrylate, ethyl benzoate, and the like; phosphorus acid esters such as triphenyl phosphite, tributyl phosphite, and the like; and the phosphoric acid derivatives such as hexamethylphosphoric triamide, and the like. Although the amount used of the third component should be experimentally determined for each component because the components exhibit different efficiencies, it is usually used in an amount equimolar to or smaller than the amount of the organoaluminum compound. When a solid complex of a magnesium compound and a titanium compound is used as the transition metal solid component of the catalyst, organoaluminum compounds, in particular, compounds represented by the formula AlR⁵ p X 3-p (R⁵ is a hydrocarbon group having 1 to 18 carbon atoms, X is a halogen selected from Cl, Br and I, and p is a number in the range 3 ≧ p > 2), are preferable as the typical metal component of the catalyst. Specific examples of such compounds are triethylaluminum, triisobutylaluminum, and mixtures of these compounds with diethylaluminum chloride or diisobutylaluminum chloride. It is preferable that the catalyst further contains at least one electron-donating compound, in particular, an aromatic monocarboxylic acid ester and/or a silicon compound having a Si-OR⁶ linkage. As the silicon compound having a Si-OR⁶ linkage (R⁶ is a hydrocarbon group having 1 to 20 carbon atoms), alkoxysilane compounds represented by the formula R⁷ a Si(OR⁶) 4-a (each of R⁶ and R⁷ is a hydrocarbon group having 1 to 20 carbon atoms, and a is a number of 0 ≦ a ≦ 3) are preferably used. Specific examples of the alkoxysilane compounds are tetramethoxysilane, methyltrimethoxysilane, dimethyldimethoxysilane, ethyltrimethoxysilane, phenyltrimethoxysilane, tetraethoxysilane, methyltriethoxysilane, ethyltriethoxysilane, vinyltriethoxysilane, phenyltriethoxysilane, diphenyldimethoxysilane, diphenyldiethoxysilane, butyltriethoxysilane, tetrabutoxysilane, vinyltributoxysilane, diethyldiethoxysilane, etc. The electron-donating compound is used preferably in an amount of 1 mole or less, particularly 0.05 to 1 mole per mole of the organoaluminum compound. As the solid complex of a magnesium compound and a titanium compound, titanium trichloride containing magnesium chloride is used which is obtained by reducing titanium tetrachloride with an organomagnesium compound, or one of the so-called "supported catalyst" prepared by subjecting a solid magnesium compound to a catalytic reaction with a liquid titanium compound. Preferably, the solid magnesium compound is a compound containing at least one electron-donating compound, in particular, an aromatic monocarboxylic acid ester, an aromatic dicarboxylic acid diester, an ether compound, an alcohol and/or a phenol. The aromatic monocarboxylic acid ester can be added during the catalytic reaction with a titanium compound. Such solid complexes of a magnesium compound and a titanium compound are described in many official patent gazettes. Catalysts suitable for the object of this invention are described in detail, for example, in JP-A-54-112988, JP-A-54-119586, JP-A-56-30407, JP-A-57-59909, JP-A-57-59910, JP-A-57-59911, JP-A-57-59912, JP-A-57-59914, JP-A-57-59915, JP-A-57-59916, JP-A-54-112982, JP-A-55-133408, JP-A-58-27704, etc. When the polypropylene composition of the present invention encounters such requirements as particularly high heat resistance, stiffness, scratch resistance, etc., it is preferable to use a highly crystalline polypropylene having the following components: an in boiling heptane insoluble isotactic pentad of the propylene homopolymer portion of 0.970 or more, wherein the propylene homopolymer portion refers to the homopolymer portion of the polypropylene or the homopolymer portion of the propylene block copolymer which has been prepared as the first segment in the first step of the block polymerization process; a boiling heptane soluble component of not more than 5.0% by weight; a 20°C xylene soluble component of not more than 2.0% by weight. The in boiling heptane insoluble isotactic pentad , the boiling heptane soluble component and the 20°C xylene soluble component are determined as follows. In 500 ml of boiling xylene 5g of polypropylene is completely dissolved, and the resulting mixture is cooled to 20°C and allowed to stand for 4 hours. Then, the mixture is filtered to remove the (20°C) xylene insoluble component. The filtrate is concentrated to dryness to evaporate the xylene, and the residue is further dried under reduced pressure at 60°C to obtain a solidified (20°C) xylene soluble component. The (20°C) xylene soluble component is determined by dividing the dry weight of the solidified (20°C) xylene soluble component by the weight of the sample used and it is represented by percent. The above (20°C) xylene insoluble component is dried and then extracted with boiling n-heptane in a Soxhlet apparatus for 8 hours. The extraction residue is referred to as boiling heptane insoluble component. The boiling heptane soluble component is determined by substracting the dry weight of the boiling heptane insoluble component from the weight of the sample used (5 g) and dividing the remainder by the weight of the sample used. It is also represented by percent. Isotactic pentad refers to the fraction of a series of five successive isotactically-sequenced propylene monomer units in the total polymer chain. It is determined based on ¹³C-NMR measurements as disclosed in A. Zambelli et al., Macromolecules, 6 , 925 (1973), the NMR absorption peaks are assigned based on the subsequent publication in Macromolecules, 8 , 687 (1975). Specifically, the isotactic pentad is determined based on the relative ratio of the area of mmmm peaks to the total area of the absorption peaks assigned to methyl carbons. Applying the method to the NPL standard substance CRM No. M19-14 Polypropylene PP/MWD/2 provided by the National Physical Laboratory (United Kingdom) gave an isotactic pentad of 0.944. The above-mentioned highly crystalline polypropylene can be prepared by any of the methods disclosed in JP-A-60-28405, JP-A-60-228504, JP-A-61-218606, JP-A-61-287917, etc. When the polypropylene composition of the present invention is used for a purpose wherein an impact resistance is required, it is preferable to use a propylene block copolymer, which contains propylene homopolymer portions prepared in the first step as the first segment and block copolymer portions of propylene and an α-olefin such as ethylene and butene-1 prepared in the second step of the block polymerization process as the second segment. The propylene block copolymer can be prepared by slurry polymerization or gas phase polymerization. When said thermoplastic resin composition is used for a purpose wherein a particularly high impact resistance is required, the amount of the second segment should be increased. In this case, the propylene block copolymer is prepared preferably by gas phase polymerization. Such a polypropylene having a high impact resistance can be prepared, for example, by the gas phase polymerization disclosed in JP-A-61-287917. In the propylene block copolymer, the propylene homopolymer portion prepared in the first step of the polymerization may consist of propylene monomer units alone or it may consist of propylene monomer units and α-olefin monomer units such as ethylene or an α-olefin having 4 to 6 carbon atoms, wherein the content of the α-olefin monomer units is 6 mole% or less based on the total moles of the monomer units in the polymer produced in the first step. The copolymer portion prepared as the second segment in the second step of the polymerization preferably consists of ethylene monomer units only or consists of propylene monomer units and ethylene monomer units wherein the content of the ethylene monomer units is 10 mole% or more based on the total moles of the monomer units in the polymer produced in the second step or consists of monomer units of propylene, ethylene and an α-olefin having 4 to 6 carbon atoms. The propylene block copolymer contain the polymer produced in the second step, in an amount of 10 to 70% by weight based on the weight of the propylene block copolymer. The content of the second segment for easy and stable production ranges from 10 to 30% by weight for slurry polymerization and from 10 to 70% by weight for gas phase polymerization. In gas phase polymerization, propylene block copolymers containing a large amount of the second segment can be prepared according to the process disclosed in Japanese Patent Application No. 62-256015. Such copolymers are suited for the use wherein an extremely high impact resistance is required. Although the intrinsic viscosity of the second segment in tetraline at 135°C should be changed depending on the production efficiency, physical properties of the product powder, and the intrinsic viscosity of the first segment, it is approximately 3-8 dl/g for slurry polymerization and 1-5 dl/g for gas phase polymerization. In the present invention, the modified polypropylene (A) can be obtained, for example, by graft copolymerizing graft monomers such as an unsaturated carboxylic acid or a derivative thereof, and if necessary, in the presence of a free-radical initiator. For grafting the graft monomers on a polypropylene, various conventional methods can be employed. There can be employed, for example, a method comprising mixing polypropylene, graft monomers and a radical generating agent followed by melt-kneading the resulting mixture in a melt-kneading apparatus to graft the graft monomers; a method comprising dissolving polypropylene in an organic solvent such as xylene, adding thereto a radical generating agent under nitrogen, carrying out the reaction with heating and stirring, thereafter cooling the reaction mixture, followed by washing filtration, and drying, and thereby obtaining a graft polypropylene; a method comprising irradiating the polypropylene with ultraviolet light or radiation in the presence of graft monomers; and a method comprising bringing polypropylene into contact with oxygen or ozone in the presence of graft monomers. In consideration of economical efficiency and the like, it is most preferable to employ a method comprising melt-kneading in a melt-kneading apparatus and thereby carrying out graft copolymerization. A polypropylene can be melt-kneaded with an unsaturated carboxylic acid or a derivative thereof, and if necessary, a free-radical initiator at a temperature of 150° to 300°C, preferably 190° to 280°C for a residence time of 0.3 to 10 minutes, preferably 0.5 to 5 minutes by means of an extruder, a Banbury mixer, a kneader, etc. It is industrially advantageous to employ a method in which a modified polypropylene is continuously produced by a single- or twin-screw extruder while keeping the vent holes vacuous and while removing unreacted components (unsaturated carboxylic acid or a derivative thereof, free-radical initiator, etc.), by-products such as oligomers and decomposition products of these components. Although the reaction may be carried out in air, it is preferably carried out in an inert gas such as nitrogen or carbon dioxide. It is also possible to subject the modified polypropylene obtained to heat treatment at a temperature of 60°C or higher, solvent extraction, and drawing a vacuum with melting. If necessary, antioxidants, heat stabilizers, light stabilizers, nucleating agents, lubricants, antistatic agents, inorganic or organic colorants, rust preventives, crosslinking agents, foaming agents, plastisizers, fluorescent agents, surface treating agents, surface brighteners, etc. can be added to the modified polypropylene (A) during the modification or the after-treatment. The unsaturated carboxylic acid used in the modified polypropylene (A) include, for example, acrylic acid, methacrylic acid, maleic acid, itaconic acid, citraconic acid, bicyclo[2,2,1]hepta-5-ene-2,3-dicarboxylic acid (himic acid), bicyclo[2,2,2]octa-5-ene-2,3-dicarboxylic acid, 4-methylcyclohexa-4-ene-1,2-dicarboxylic acid, 1,2,3,4,5,8,9,10-octahydronaphthalene-2,3 dicarboxylic acid, bicyclo[2,2,1]octa-7-ene-2,3,5,6-tetracarboxylic acid, 7-oxabicyclo[2,2,1]hepta-5-ene-2,3-dicarboxylic acid and the like. The derivatives thereof are acid anhydrides, esters, amides, imides and metal salts. Specific examples thereof are maleic anhydride, itaconic anhydride, citraconic anhydride, bicyclo[2,2,1]hepta-5-ene-2,3-dicarboxylic acid anhydride (himic acid anhydride: NBDA), monoethyl maleate, monomethyl fumarate, monomethyl itaconate, monomethyl fumarate, dimethylaminoethyl methacrylate, dimethylaminopropyl acrylamide, acrylamide, methacrylamide, maleic monoamide, maleic diamide, maleic N-monoethylamide, maleic N,N-diethylamide, maleic N-monobutylamide, maleic N,N-dibutylamide, fumaric monoamide, fumaric diamide, fumaric N-monoethylamide, fumaric N,N-diethylamide, fumaric N-monobutylamide, fumaric N,N-dibutylamide, maleimide, N-butyl maleimide, N-phenyl maleimide, sodium acrylate, sodium methacrylate, potassium acrylate, potassium methacrylate and the like. Among them, maleic anhydride is most preferably used. Although the modified polypropylene (A) can be produced in the absence of a free-radical initiator, it is usually preferably produced in the presence of a free-radical initiator. As the free-radical initiator, well-known ones can be used. The free-radical initiator includes, for example, azo compounds such as 2,2′-azobisisobutyronitrile, 2,2′-azobis(2,4,4-trimethylvaleronitrile) etc.; organic peroxides such as methyl ethyl ketone peroxide, cyclohexanone peroxide, 3,5,5-trimethylcyclohexanone peroxide, 2,2-bis(t-butylperoxy)butane, t-butyl hydroperoxide, cumene hydroperoxide, diisopropylbenzene hydroperoxide, 2,5-dimethylhexane-2,5-dihydroperoxide, di-t-butyl peroxide, 1,3-bis(t-butylperoxyisopropyl)benzene, 2,5-dimethyl-2,5-di(t-butylperoxy)hexane, 2,5-dimethyl-2,5-di(t-butylperoxy)hexyne-3, lauroyl peroxide, 3,3,5-trimethylhexanoyl peroxide, benzoyl peroxide, t-butyl peracetate, t-butylperoxyisobutyrate, t-butylperoxypivalate, t-butylperoxy-2-ethylhexanoate, t-butylperoxy-3,5,5-trimethylhexanoate, t-butylperoxylaurate, t-butylperoxybenzoate, di-t-butyldiperoxyisophthalate, 2,5-dimethyl-2,5-di(benzoylperoxy)hexane, t-butylperoxymaleic acid, t-butylperoxyisopropylcarbonate, polystyrene peroxide and the like. To produce the modified polypropylene (A), the melt flow rate of a starting polypropylene (a crystalline propylene homopolymer, a crystalline propylene-ethyl/α-olefin block copolymer, a crystalline propylene-α-olefin random copolymer, or the like) is 0.05-60 g/10 min, preferably 0.1 to 40 g/10 min. The starting polypropylene is preferably chosen so as to adjust the melt flow rate of the resulting modified polypropylene (A) to 0.1 - 100 g/10 min, preferably 0.5 - 50 g/10 min. The number average molecular weight of the starting polypropylene is 7,000 to 800,000, preferably 10,000 to 700,000. To produce the modified polypropylene (A) resin, the blending amounts of the individual constituents are as follows. The amount of the unsaturated carboxylic acid or derivative thereof is preferably 0.01 to 10 parts by weight, more preferably 0.1 to 5 parts by weight per 100 parts by weight of the polypropylene. The amount of the free-radical initiator is preferably 0 to 5 parts by weight, more preferably 0.001 to 2 parts by weight per 100 parts by weight of the polypropylene. When the amount of the unsaturated carboxylic acid or derivative thereof is less than 0.01 part by weight, the product has no markedly improved quality. When it exceeds 10 parts by weight, the improvement hits the ceiling and no more remarkable effect is brought about. Moreover, the unsaturated carboxylic acid or derivative thereof remains unreacted in a large amount in the resulting polymer and as a result, offensive smell, deterioration of physical properties, etc. occurs. Therefore, both such amounts are not desirable for practical purposes. When the amount of the free-radical initiator exceeds 5 parts by weight, its effect on the graft reaction of the unsaturated carboxylic acid or derivative thereof hits the ceiling. Moreover, the decomposition of the polypropylene becomes so serious that the fluidity (melt flow rate) changes greatly. Therefore, such an amount is not desirable for practical purposes. In this invention, the polypropylene type resin (C) selected from the group consisting of a modified polypropylene (A) and a composition composed of a modified polypropylene (A) and a polypropylene (B) is preferably one which has a melt flow rate of 0.1 - 100 g/10 min, particularly preferably 0.5 - 40 g/10 min. The saturated polyester resin (D) in the present invention is obtained from dicarboxylic acid components at least 40 mole% of which is terephthalic acid, and diol components. Specific examples of dicarboxylic acid components, other than terephthalic acid, are aliphatic dicarboxylic acids having 2 to 20 carbon atoms, such as adipic acid, sebacic acid, dodecanedicarboxylic acid and the like; aromatic dicarboxylic acids such as isophthalic acid, naphthalenedicarboxylic acid and the like; alicyclic dicarboxylic acids such as cyclohexanedicarboxylic acid and the like; and mixtures of each of those acids. The diol components includes each or mixtures of aliphatic and alicyclic glycols, such as ethylene glycol, 1,3-propanediol, 1,4-butanediol, 1,6-hexanediol, 1,10-decanediol, 1,4-cyclohexanediol and the like. Among such saturated polyester resins (D), polybutylene terephthalate or polyethylene terephthalate permits more desirable exhibition of the effects of the present invention. The intrinsic viscosity of the saturated polyester resin (D) is preferably in the range of 0.5 - 3.0 dl/g as measured at 25°C using o-chlorophenol as a solvent. When a saturated polyester resin (D) having an intrinsic viscosity outside the above range is used, it tends to be difficult to attain the desired mechanical strength. The epoxy group containing copolymer (E) in the present invention is a copolymer obtained from an unsaturated epoxy compound and an ethylenic unsaturated compound. Although the proportions of these compounds for the epoxy group containing copolymer (E) is not critical, the proportion of the unsaturated epoxy compound is 0.1 to 50% by weight, preferably 1 to 30% by weight. As the unsaturated epoxy compound, any compound may be used so long as it has in the molecule an unsaturated group which permits copolymerization with the ethylenic unsaturated compound and an epoxy group. The unsaturated epoxy compound includes, for example, unsaturated glycidyl esters and unsaturated glycidyl ethers which are represented by the following formulas (1) and (2), respectively.wherein R is a hydrocarbon group of 2-18 carbon atoms containing an ethylenic unsaturated bond. wherein R is a hydrocarbon group of 2-18 carbon atoms containing an ethylenic unsaturated bond, and X is Specific examples of the unsaturated epoxy compound include glycidyl acrylate, glycidyl methacrylate, glycidyl itaconate, allyl glycidyl ether, 2-methyl allyl glycidyl ether, styrene p-glycidyl ether, etc. The ethylenic unsaturated compound includes olefins, vinyl esters of saturated carboxylic acids of 2-6 carbon atoms, esters of saturated alcohols of 1-8 carbon atoms and acrylic acid, methacrylic acid, maleic acid or fumaric acid, vinylhalides, styrenes, nitriles, vinyl ethers, acrylamides, etc. Specific examples of the ethylenic unsaturated compound include ethylene, propylene, butene-1, vinyl acetate, methyl acrylate, ethyl acrylate, methyl methacrylate, dimethyl maleate, diethyl fumarate, vinyl chloride, vinylidene chloride, styrene, acrylonitrile, isobutyl vinyl ether, acrylamide, etc. Among them, ethylene is particularly preferred. To improve the impact resistance at low temperatures by lowering the glass transition temperature, it is preferable to use ethylene as second monomer and copolymerize a third comonomer such as vinyl acetate and/or methyl acrylate. The epoxy group containing copolymer can be produced by various methods. Either a random copolymerization method can be employed in which the unsaturated epoxy compound is introduced into the main chain of copolymer, or a graft copolymerization method in which the unsaturated epoxy compound is introduced as the side chain of copolymer. Specific examples of production processes of the epoxy group containing copolymer include a process comprising copolymerizing the unsaturated epoxy compound with an ethylenic unsaturated compound in the presence of a radical-generating agent at 500 to 4,000 atmospheres and at 100° to 300°C in the presence or absence of suitable solvent and chain transfer agent; a process comprising mixing a polypropylene with the unsaturated epoxy compound and a radical-generating agent, and subjecting the mixture to melt graft copolymerization in an extruder; and a process comprising copolymerizing the unsaturated epoxy compound with the ethylenic unsaturated compound in an inert medium such as water or organic solvent in the present of a radical-generating agent. The ethylenic copolymer rubber (F), modified ethylenic copolymer rubber (G) in which unsaturated carboxylic acid or a derivative are graft copolymerized, and modified ethylenic copolymer rubber (H) in which unsaturated carboxylic acid or a derivative thereof and an unsaturated aromatic monomer are graft copolymerized, are used in this invention for improving the impact resistance, in particular, the low-temperature impact resistance. The modified ethylenic copolymer rubber (G) is obtained by graft copolymerizing an unsaturated carboxylic acid or a derivative thereof onto an ethylenic copolymer rubber, if necessary, in the presence of a free-radical initiator. The modified ethylenic copolymer rubber (H) is obtained by graft copolymerizing an unsaturated carboxylic acid or a derivative thereof and an unsaturated aromatic monomer onto an ethylenic copolymer rubber, if necessary, in the presence of a free-radical initiator. This graft copolymerization in the presence of the unsaturated aromatic monomer yields a modified ethylenic copolymer rubber (H) which has a large amount of the unsaturated carboxylic acid or a derivative thereof grafted, a small amount of gel formed in the graft copolymer, an excellent molding processability, and such an excellent storage stability that the Mooney viscosity does not increase during storage. For grafting the graft monomers on the ethylenic copolymer rubber, various conventional methods can be employed. There can be employed, for example, a method comprising mixing the ethylenic copolymer rubber, the graft monomers, and a free-radical initiator, and melt-kneading the mixture in a melt kneading apparatus to graft the graft monomers; a method comprising dissolving the ethylenic copolymer rubber in an organic solvent such as xylene, adding thereto a free-radical initiator under nitrogen, carrying out the reaction with heating and stirring, thereafter cooling the reaction mixture, followed by washing filtration, and drying, and thereby obtaining a grafted ethylenic copolymer rubber; a method comprising radiating the ethylenic copolymer rubber with ultraviolet light or radiation in the presence of the graft monomers; as a method comprising bringing the ethylenic copolymer rubber into contact with oxygen or ozone in the presence of the graft monomers. In consideration of economical efficiency and the like, the method comprising melt-kneading in a melt-kneading apparatus and thereby carrying out graft copolymerization is most preferably employed Ethylenic copolymer rubber, which is later explained in detail, is at times used as an ethylenic copolymer rubber (F) or as a material for modified ethylenic copolymer rubber (G) or (H). In the present invention, as the ethylenic copolymer rubber, various ethylenic copolymer rubbers can be used for example, ethylene-α-olefn copolymer rubbers or ethylene-α-olefin-nonconjugated diene copolymer rubbers typical example of which are ethylene-propylene copolymer rubbers (hereinafter abbreviated as "EPM") and ethylene-propylene-nonconjugated diene terpolymer rubbers (hereinafter abbreviated as "EPDM"), ethylene-vinyl acetate copolymers, ethylene-methyl acrylate copolymers, ethylene-methyl methacrylate copolymers, ethylene-ethyl acrylate copolymers, ethylene-ethyl methacrylate copolymers, ethylene-butyl acrylate copolymers, ethylene-butyl methacrylate copolymers, ethylene-acrylic acid (or a partial metal salt thereof) copolymers, ethylene-methacrylic acid (or a partial metal salt thereof) copolymers, ethylene-acrylic acid-acrylic ester copolymers, ethylene-methacrylic acid-acrylic ester copolymers, ethylene-acrylic acid-methacrylic ester copolymers, ethylene-methacrylic acid-methacrylic ester copolymers, ethylene-vinyl alcohol copolymers, ethylene-vinyl acetate-vinyl alcohol copolymers, ethylene-styrene copolymers, etc. These ethylenic copolymer rubbers can be used alone or as a mixture thereof. They can be used in admixture with low-density polyethylenes or high-density polyethylenes which have a good compatibility with the ethylenic copolymer rubbers. Among these ethylenic copolymer rubbers, the ethylene-α-olefin copolymer rubbers and the ethylene-α-olefin-nonconjugated diene copolymer rubbers are particularly preferred. The ethylene-α-olefin copolymer rubbers include, for example, copolymers of ethylene and other α-olefins such as propylene, 1-butene, 1-pentene, 1-hexene, 4-methyl-1-pentene, 1-octene, etc., and terpolymer rubbers such as ethylene-propylene-1-butene copolymers etc. Among them, ethylene-propylene copolymer rubber and ethylene-1-butene copolymer rubber are preferably used. Although the ethylene-α-olefin-nonconjugated diene copolymer rubbers can also be used, it is preferable to adjust the nonconjugated diene content of the starting rubber to 3% by weight or less. When the nonconjugated diene content exceeds 3% by weight, gelation occurs during kneading. Therefore, it is not desirable. The ethylene content of the ethylene-α-olefin copolymer rubber is 15 to 85% by weight, preferably 40 to 80% by weight. A highly crystalline copolymer having an ethylene content of more than 85% by weight is apt to become difficult to process under usual rubber molding conditions. On the other hand, an ethylene-α-olefin copolymer rubber having an ethylene content of less than 15% by weight is apt to lose its rubber properties because the glass transition temperature (Tg) increases. The number average molecular weight of the ethylene-α-olefin copolymer rubber is preferably such that the rubber can be kneaded in an extruder, and it is usually 10,000 to 100,000. When the molecular weight is too low, handling of the rubber at the time of feeding to an extruder tends to be difficult. When the molecular weight is too high, processing of the rubber tends to be difficult because of a lowering of the fluidity. The molecular weight distribution of the ethylene-α-olefin copolymer rubber is not critical, and there can usually be used any commercially available copolymer rubbers having various molecular weight distributions, for example, monomodal distribution and bimodal distribution. The Q value (weight average molecular weight/number average molecular weight) of the molecular weight distribution is preferably in the range of 1 to 30, more preferably 2 to 20. Said copolymer rubber is produced using one of the so-called Ziegler-Natta catalysts which are usually used production catalysts. As the Ziegler-Natta catalyst, there is used, for example, a combination of an organoaluminum compound and a trivalent to pentavalent vanadium compound soluble in hydrocarbon solvents. As the aluminum compound, there can be used alkylaluminum sesquichloride, trialkylaluminum, dialkylaluminum monochloride, and mixtures thereof. As the vanadium compound, there can be used, for example, vanadium oxytrichloride, vanadium tetrachloride, and vanadate compound represented by the formula VO(OR⁸) q X 3-q (0 < q ≦ 3, R⁸ is a straight-chain, branched-chain, or cyclic hydrocarbon having 1 to 10 carbon atoms, and X is a halogen selected from Cl, Br and I). In this invention, the modified ethylenic copolymer rubber (G) can be obtained by melt-kneading the ethylenic copolymer rubber with an unsaturated carboxylic acid or a derivative thereof, and if necessary, a free-radical initiator at a temperature of usually 200° to 280°C, preferably 230° to 260°C for a residence time of 0.2 to 10 minutes, which is varied depending on the kind of the free-radical initiator, by means of an extruder, Banbury mixer, kneader, or the like. The modified ethylenic copolymer rubber (H) can be obtained by melt-kneading the ethylenic copolymer rubber with an unsaturated carboxylic acid or a derivative thereof, an unsaturated aromatic monomer and if necessary, in the presence of a free-radical initiator, under the aforesaid conditions. Since the presence of too large an amount of oxygen during the kneading results in formation of a gel or serious coloring in some cases, the kneading is preferably conducted in the substantial absence of oxygen. When the kneading temperature is lower than 200°C, the desired amount of unsaturated dicarboxylic acid anhydride cannot be added, so that a small improving effect on the degree of graft reaction can be obtained in some cases. When the kneading temperature is higher than 280°C, only a small improving effect on the degree of graft reaction is brought about and in some cases, formation of a gel, coloring etc. are liable to occur. Although a kneading machine for the modification is not critical, an extruder is usually preferred because it permits continuous production. The extruders preferably have a single screw or twin screws which are suitable for uniformly mixing fed starting materials. For removing unreacted constituents (unsaturated carboxylic acid or derivative thereof, unsaturated aromatic monomer, free-radical initiator, etc.), by-products such as their oligomers and decomposition products from the reaction products, the product can be purified by sucking through vent lines in the middle of the extruder or near its outlet by means of a vacuum pump, or by dissolution of the product in a suitable solvent, followed by decomposition. It is also possible to conduct heat treatment at a temperature of 60°C or higher, or to draw a vacuum with melting. When producing the modified ethylenic copolymer rubber (G), the three components, can be separately fed to a kneading machine, it is also possible to use a previously prepared uniform mixture of some or all of the three components. For example, a method can be employed which comprises impregnating the rubber with the free-radical initiator, feeding the rubber, unsaturated carboxylic acid or derivative thereof and the like at the time of kneading, and kneading them. A method can also be employed which e.g. comprises feeding the free-radical initiator and/or the unsaturated carboxylic acid or derivative thereof in the middle of the extruder, and thereby conducting modification. When producing modified ethylenic copolymer rubber (H), the four components, can be separately fed to a kneading machine, it is also possible to use a previously prepared uniform mixture of some or all of the four components. For example, a method can be employed which comprises impregnating the rubber with the free-radical initiator and the unsaturated aromatic monomer, feeding the rubber, unsaturated carboxylic acid or derivative thereof and the like at the time of kneading, and kneading them. A method can also be employed which e.g. comprises feeding the free-radical initiator and/or the unsaturated carboxylic acid or derivative thereof in the middle of the extruder, and thereby conducting the modification. If necessary, antioxidants, heat stabilizers, light stabilizers, nucleating agents, lubricants, antistatic agents, inorganic or organic colorants, rust preventives, crosslinking agents, foaming agents, plastisizers, fluorescent agents, surface treating agents, surface brighteners and the like can be added to the modified ethylenic copolymer rubbers (G) and (H) during the modification or the after-treatment. The unsaturated carboxylic acid or derivative thereof, and the free-radical initiators which are used in the modified ethylenic copolymer rubber (G) can be selected from the compounds used for producing the modified polypropylene (A). To produce the modified ethylenic copolymer rubber (G), the amounts used of the unsaturated carboxylic acid or derivative thereof are preferably 0.5 to 15 parts by weight per 100 parts by weight of the starting rubber. Although the amount used of the free-radical initiator depends on the kind thereof and the kneading conditions, the free-radical initiator can be used in an amount of usually 0.005 to 1.0 parts by weight, preferably 0.01 to 0.5 parts by weight, per 100 parts by weight of the starting rubber. When the used amount is less than 0.005 parts by weight, it is difficult to attain a desirable amount of the unsaturated carboxylic acid or derivative thereof added. When the used amount exceeds 1.0 parts by weight, formation of a gel tends to occur. The modified ethylenic copolymer rubber (G) thus obtained preferably has the unsaturated carboxylic acid or derivative thereof added in an amount of 0.1 to 5% by weight and a Mooney viscosity (ML₁+₄, 121°C) of 5 to 120. As an unsaturated carboxylic acid, a derivative thereof or a radical initiator used in the foresaid modified ethylenic copolymer rubber (H), the compounds used in producing modified polypropylene (A) can be used. Furthermore, as an unsaturated aromatic monomer, used in the aforesaid modified ethylenic copolymer rubber (H), styrene is most favourable, but o-methylstyrene, p-methylstyrene, m-methylstyrene, α-methylstyrene, vinyl-toluene and di-vinyltoluene are also capable, and mixtures of them are as well. In the method for producing the foresaid modified ethylenic copolymer rubber (H), the amount of the unsaturated aromatic monomer used is preferably 0.2 to 20 parts by weight, per 100 parts by weight of the starting rubber, the amount of the unsaturated carboxylic acid or derivative thereof used is preferably 0.5 to 15 parts by weight, and the weight ratio of the unsaturated aromatic monomer to the unsaturated carboxylic acid or derivative thereof is preferably 0.1 to 3.0. The ratio is more preferably 0.5 to 2.0. When the amount used of the unsaturated aromatic monomer is less than 0.1 part by weight per part by weight of the unsaturated carboxylic acid or derivative thereof, the formation of gel tends to be efficiently prevented and the amount grafted is not satisfactorily increased. When it exceeds 3.0 parts, the effect of the unsaturated aromatic monomer hits the ceiling in some cases. Although the amount used of the free-radical initiator depends on the kind thereof and the kneading conditions, the free-radical initiator can be used in an amount of usually 0.005 to 1.0 parts by weight, preferably 0.01 to 0.5 parts by weight, per 100 parts by weight of the starting rubber. When the used amount is less than 0.005 parts by weight, it tends to be difficult to add the desirable amount of the unsaturated carboxylic acid or derivative thereof, and one characteristic of the present invention, i.e., the effect obtained by increasing the amount of the unsaturated carboxylic acid or derivative thereof added, by the co-use of the unsaturated aromatic monomer tends to be lessened. When the amount used exceeds 1.0 part by weight, formation of a gel tends to occur. The modified ethylenic copolymer rubber (H) thus obtained preferably has the unsaturated carboxylic acid or derivative thereof added in an mount of 0.1 to 5% by weight, the unsaturated aromatic monomer added in an amount of 0.1 to 5% by weight, and a Mooney viscosity (ML₁+₄, 121°C) of 5 to 120. As one embodiment of the present invention, a polypropylene and an ethylenic copolymer rubber can be co-modified by adding an unsaturated carboxylic acid or a derivative thereof to them. In detail, for producing the modified polypropylene (A) and the modified ethylenic copolymer rubber (G), the co-modification can be carried out by graft copolymerizing the unsaturated carboxylic acid or derivative thereof onto both the starting polypropylene and the starting ethylenic copolymer rubber, if necessary, in the presence of a free-radical initiator by the same method as used for producing the modified polypropylene (A) or the modified ethylenic copolymer rubber (G). To place the starting polypropylene and the starting ethylenic copolymer rubber together, the following various conventional methods can be employed. When both starting materials are pellets, powder, or ground products, a method can be employed comprising e.g. feeding the starting materials to a co-modifying apparatus such as an extruder separately or through the same feed opening, and thereby placing them together in the apparatus; and a method comprising premixing the starting materials uniformly by means of a simple mixer such as tumbler or Henschel mixer. When either of the starting materials is a larger solid such as a veil, a conventional method can be employed for example, one comprising melt-kneading the starting materials by means of a batch melt-kneading apparatus such as a roll mill, a kneader or a Banbury mixer to homogenize the same previously, and pelletizing or grinding the resulting mixture to facilitate feeding to a comodifying apparatus. The starting polypropylene and the starting ethylenic copolymer rubber are not merely mixed. They can be co-modified by the same modification process as used for obtaining the modified polypropylene (A) or the modified ethylenic copolymer rubber (G). Although in the co-modification, the blending proportions of the starting polypropylene and the starting ethylenic copolymer rubber can be properly chosen, they are preferably determined in consideration of the proportions of the modified polypropylene (A) and the modified ethylenic copolymer rubber (G) in the polypropylene composition of the present invention. In the co-modification, the amount of the unsaturated carboxylic acid or derivative thereof is preferably 0.01 to 20 parts by weight, more preferably 0.1 to 5 parts by weight, per 100 parts by weight of the sum of the starting polypropylene and the starting ethylenic copolymer rubber. If necessary, a free-radical initiator can be used in an amount of preferably 0 to 5 parts by weight, more preferably 0.001 to 2 parts by weight. To disperse the starting polypropylene and the starting ethylenic copolymer rubber while comodifying them dynamically, it is preferable to use a high-kneading melt-kneading apparatus such as high-kneading twin screw extruder. To produce the polypropylene composition of the present invention, a basic compound (I) can be added to accelerate the reaction of the graft copolymerized unsaturated carboxylic acid or derivative thereof in the modified polypropylene (A) and the modified ethylenic copolymer rubber (G) or (H) with the epoxy group in the epoxy group containing copolymer (E), and the reaction of the unreacted terminal carboxylic acid of the saturated polyester resin (D) with the epoxy group in the epoxy group containing copolymer (E). The addition of the basic compound (I) permits reduction of the reaction time and hence the time required for the production. As the basic compound (I), for example, amine type organic compounds such as benzyldimethylamine, 2,4,6-tris(dimethylaminoethyl)phenol, etc. are preferably used. In producing the polypropylene composition, the reaction may be carried out by adding these basic compounds themselves, or the reaction may be carried out by adding them in the form of a master batch prepared by previously dispersing them in a high concentration in a portion of the resin constituents or a resin compatible with the polypropylene composition of this invention in order to improve the dispersion. In this invention, in producing the polypropylene composition, a filler (J) can be blended for reinforcement, impartment of functions, extension (reduction of the cost), etc. As the filler (J), fibers can be used such as glass fiber, carbon fiber, polyamide fiber, metal fibers of aluminum, stainless steel and the like, metal whiskers (e.g. potassium titanium whiskers), etc., inorganic fillers such as silica, alumina, calcium carbonate, talc, mica, clay, kaolin, carbon black, TiO₂, ZnO, Sb₂O₃, etc. All of these fillers can be used for reinforcement. Fillers such a carbon fiber, metal fibers and carbon black can lower the surface resistivity and the volume resistivity and impart electrical conductivity to the polypropylene composition of the present invention. The cost can be reduced by using a filler as an extender which is less expensive than the resins. To improve stiffness and heat resistance of the polypropylene composition of the present invention, it is particularly preferable to use as the filler (J), an inorganic filler such as glass fiber, potassium titanate whiskers, talc, mica, calcium carbonate or the like. One preferable embodiment of the present invention is to use the polypropylene composition of the present invention in the form of composite materials obtained by further adding flame retardants or flame-retarding assistants, lubricants, nucleating agents, plastisizers, dyes, pigments, antistatic agents, antioxidants, weather resistance improvers, etc. In the resin composition composed of a polypropylene type resin and a saturated polyester resin in the thermoplastic resin composition of the present invention, the polypropylene type resin (C) is contained in an amount of 1 to 99% by weight, preferably 15 to 98% by weight, based on the weight of the resin composition. When the content of the polypropylene type resin (C) is less than 1% by weight, the molding processability, stiffness, water resistance, chemical resistance, and the like are not sufficient. When a composition composed of a modified polypropylene (A) and a polypropylene (B) is used as the polypropylene type resin (C), the modified polypropylene (A) is preferably contained in the composition in an amount of 5% by weight or more based on the weight of the composition. When the content is less than 5% by weight, the final polypropylene composition is poor in compatibility and dispersibility, and sufficient toughness and impact resistance cannot be attained in some cases. Moreover, improvement of the coating properties, adhesive properties, printability and the like are not sufficient in some cases. In the whole polypropylene composition, the saturated polyester resin (D) is contained in an amount of less than 50% by weight, preferably 2 to 45% by weight, more preferably 5 to 40% by weight, based on the weight of the polypropylene composition. The saturated polyester resin (D) has an improving effect on the heat resistance, stiffness, impact resistance and the like, but when its content exceeds 50% by weight, desirable molding processability, stiffness, water resistance, chemical resistance and the like cannot be attained. Furthermore, the specific gravity is increased and the cost is raised. In the present invention, the epoxy group containing copolymer (E) is blended in an amount of 0.1 to 300 parts by weight, preferably 1 to 200 parts by weight, more preferably 2 to 150 parts by weight per 100 parts by weight of the resin composition composed of the polypropylene type resin (C) and the saturated polyester resin (D). When the blending amount is less than 0.1 parts by weight, the polypropylene composition is poor in compatibility and dispersibility. Moreover, the stiffness and the impact resistance are not sufficient and the extrusion stability is low. When it is 100 parts by weight or more, the resulting polypropylene composition is useful as a thermoplastic elastomer, but when the blending amount exceeds 300 parts by weight, the toughness, heat resistance and the like are greatly deteriorated and no desirable result can be obtained. At least one of the rubbers chosen from the ethylenic copolymer rubber (F), the modified ethylenic copolymer rubber (G), and the modified ethylenic copolymer rubber (H), used in the polypropylene composition of the present invention for the purpose of improving the impact resistance, in particular, the low-temperature impact resistance, is blended in an amount of 0.1 to 300 parts by weight, preferably 1 to 200 parts by weight, per 100 parts by weight of the resin composition composed of the polypropylene type resin (C) and the saturated polyester resin (D). When the blending amount is less than 0.1 part by weight, no impact resistance improving effect is brought about. When it is 100 parts by weight or more, the resulting polypropylene composition is useful as a thermoplastic elastomer, but when it exceeds 300 parts by weight, the toughness, heat resistance and the like are seriously deteriorated and no desirable result can be obtained. Any of the aforesaid three kinds of rubbers can be used individually in the polypropylene composition for improving the impact resistance. Although the use of modified ethylenic copolymer rubbers (G) and (H) give a greater improvement on the impact resistance of the resulting polypropylene composition than the ethylenic copolymer rubber (F), it causes the reduction of fluidity of the polypropylene composition due to the production of polymers having a high molecular weight by the reaction. Accordingly it may be possible to use the ethylenic copolymer rubber (F) with the modified ethylenic rubbers (G) and (H) for improving the impact resistance of the product without reducing the fluidity. The amount of the basic compound (I) used as a reaction accelerator in the polypropylene composition of the present invention is 0 to 5 parts by weight, preferably 0.01 to 2 parts by weight, per 100 parts by weight of the resin composition composed of the polypropylene type resin (C) and the saturated polyester resin (D). When the intensity of kneading is sufficient and the residence time in a kneading machine is sufficient for the reaction, the basic compound (G) need not be blended. When the amount exceeds 5 parts by weight, a marked reaction accelerating effect is brought about, but the appearance and smell of the molded article are very inferior because of bleeding and the like, and no desirable result can be obtained. In the polypropylene composition containing a filler of the present invention, the filler (J) used for reinforcement, impartment of functions, extension (reduction of the cost), etc. is blended in an amount of 0.01 to 300 parts by weight, preferably 1 to 200 parts by weight, per 100 parts by weight of the resin composition of the polypropylene type resin (C) and the saturated polyester resin (D). When the amount of the filler (J) is less than 0.01 part by weight, no filling effect can be obtained. When it exceeds 300 parts by weight, the toughness and the impact resistance are deteriorated and the intrinsic characteristics of the resins are lost, resulting in a brittle product. Thus, no desirable result can be obtained. The method for producing the polypropylene composition of the present invention is not critical, and conventional methods can be used. Although a method comprising mixing the starting materials in solution followed by evaporation of the solvent or precipitation in a non-solvent is effective, a method comprising kneading the starting materials in a molten state is employed in practice from an industrial viewpoint. For the melt-kneading, a conventional kneading apparatus can be used such as a Banbury mixer, an extruder, a roll mill, or various other kneaders, etc. For the kneading, it is preferable to mix all the resin components in the form of powder or pellets uniformly and previously in an apparatus such as a tumbler or a Henschel mixer. If necessary, it is also possible to omit the mixing and feed predetermined amounts of the resin components to a kneading apparatus individually. When the basic compound for accelerating the reaction is used in the form of powder or master batch, either of the methods described above can be employed. When the basic compound is a liquid, it is preferable to mix the resin components previously in a tumbler or a Henschel mixer, but it is also possible to equip a kneading apparatus with a metering pump and to add the liquid through a pipe. The kneaded resin composition is molded by various molding methods such as injection molding, extrusion molding, etc. The present invention also includes a method in which the starting materials are dry blended during injection molding or extrusion molding without a step of previous kneading, and kneaded directly during melt processing to obtain a molded product. In the present invention, the order of kneading is not critical, and any of the following orders may be employed. (1) The modified polypropylene (A), the polypropylene (B), the saturated polyester (D), the epoxy group containing copolymer (E), at least one rubber selected from the ethylenic copolymer rubber (F), the modified ethylenic copolymer rubbers (G) and (H), the basic compound (I) and the filler (J) are kneaded in one lot. (2) The modified polypropylene (A) and the polypropylene (B) are previously kneaded to produce the polypropylene type resin (C), followed by kneading therewith the saturated polyester resin (D), the epoxy group containing copolymer (E), at least one rubber selected from the ethylenic copolymer rubber (F), the modified ethylenic copolymer rubbers (G) and (H), the basic compound (I) and the filler (J). (3) The polypropylene type resin (C) and the saturated polyester resin (D) are previously kneaded, followed by kneading therewith the epoxy group containing copolymer (E), at least one rubber selected from the ethylenic copolymer rubber (F), the modified ethylenic copolymer rubbers (G) and (H), the basic compound (I) and the filler (J). Other kneading orders may also be employed. However, when the modified polypropylene (A) and the epoxy group containing copolymer (E); the epoxy group containing copolymer (E) and the modified ethylenic copolymer rubber (G) and/or (H); or the saturated polyester resin (D) and the epoxy group containing copolymer (E), are previously blended, gelation occurs during the kneading in some cases, depending on the proportions of the two components of each combination. In this case it is necessary to choose the proportions of the two components properly and knead them previously. In order to simplify the kneading step, a step of previously producing the modified polypropylene (A) or the modified ethylenic copolymer rubber (G) or (H) can be incorporated into a kneading step for producing the polypropylene composition of the present invention. That is, the polypropylene composition can be produced by modifying the starting polypropylene or the starting ethylenic copolymer rubber in the first stage, and adding the remaining substances, polypropylene (A) or modified ethylenic copolymer rubber (G) or (H), polypropylene (B), the saturated polyester resin (D), the epoxy group containing copolymer (E), and the basic compound (I) to the modified products in molten state. In order to further simplify the kneading step, a step of previously producing the modified polypropylene (A) and the modified ethylenic copolymer rubber (G) can be incorporated into a kneading step for producing the polypropylene composition of the present invention. That is, the polypropylene composition can be produced by co-modifying the starting polypropylene and the starting ethylenic copolymer rubber in the first stage, and adding the polypropylene (B), the saturated polyester resin (D), the epoxy group containing copolymer (E), and the basic compound (I) to the co-modified products in molten state. To produce the polypropylene composition of the present invention more effectively, it is preferable to use a high-kneading twin screw extruder having a long L/D ratio and two or more feed openings. That is, the polypropylene composition can be efficiently produced by feeding the starting materials for modification through the first feed opening, modifying them sufficiently before feeding the constituents other than the modified polypropylene (A) or the modified ethylenic copolymer (G) or (H), through the next feed opening, feeding the other constituents properly through the second and subsequent feed openings. When co-modifying, the polypropylene composition can be efficiently produced by feeding the starting materials for co-modification through the first feed opening, co-modifying them sufficiently before feeding the constituents other than the modified polypropylene (A) and the modified ethylenic copolymer (G), through the next feed opening, feeding the other constituents properly through the second and subsequent feed openings. For desirable exhibition of physical properties of the polypropylene composition of the present invention, various kneading methods, for example, the following methods can be employed. For satisfactory exhibition of the impact resistance, a method can be employed comprising kneading a portion of the epoxy group containing copolymer (E) with the saturated polyester resin (D), followed by kneading therewith the other constituents. For more effective reinforcement with the filler (J) and satisfactory exhibition of the stiffness and the heat resistance, a method can be employed comprising kneading the filler (J) with one resin constituent which constitutes the filler-containing polypropylene composition of the present invention and permits satisfactory dispersion therein of the filler (J), and then kneading therewith the other constituents; and a method comprising adding the filler (J) to the resin composition which has previously been melt-kneaded, in the middle of an extruder, and then kneading them. For efficient exhibition of the reaction-accelerating effect of the basic compound (I), a method can be employed comprising preparing a master bath previously by dispersing the basic compound (I) in one resin constituent which constitutes the polypropylene composition of the present invention, or in a resin compatible with said polypropylene composition, to a high concentration, and then kneading the master batch with the other constituents. The following examples serve as a specific illustration of the practice of the present invention but they are not intended in any way to limit the scope of the present invention. Methods for measuring the physical properties in the examples are described below. (1) Specific gravity Measured according to the method prescribed in JIS K6758. (2) Melt flow rate Measured according to the method prescribed in JIS K6758. The measuring temperature was 230°C and the measurement was carried out under a load of 2.16 kg unless otherwise specified. (3) Tensile test Carried out according to the method prescribed in ASTM D638. The thickness of a test piece was 3.2 mm, and the tensile yield strength and the tensile elongation were evaluated. The measuring temperature was 23°C unless otherwise specified. (4) Flexural test Carried out according to the method prescribed in JIS K7203. The thickness of a test piece was 3.2 mm, and the flexural modulus and the flexural strength were evaluated under conditions of a span length of 50 mm and a loading rate of 1.5 mm/min. The measuring temperature was 23°C unless otherwise specified. When the measurement was carried out at temperature other than 23°C, the sample was subjected to the measurement after having been conditioned in a constant temperature bath at a predetermined temperature for 30 minutes. (5) Izod impact strength Measured according to the method prescribed in JIS K7110. The thickness of a test piece was 3.2 mm and the notched impact strength was evaluated. The measuring temperature was 23°C unless otherwise specified. When the measurement was carried out at a temperature other than 23°C, the sample was subjected to the measurement after having been conditioned in a constant temperature bath at a predetermined temperature for 2 hours. (6) Penetration impact strength A high rate impact tester [Model RIT-800, mfd. by Rheometrics Inc. (USA)] was used. A flat test piece of 3 mm thickness was fixed by means of a 2-inch (1 inch = 2.54 cm) circular holder and a 5/8-inch (tip spherical surface: 5/16 inch R) impact probe was hit against the test piece. The degree of deformation of the test piece and the stress were measured by means of the tester, and the curve shown in Fig. 1 was drawn based on the measured values. The penetration impact strength was evaluated by integrating the area below the curve. An energy value required for yield of the material and an energy value required for fracture of the material were evaluated in terms of energy at the yield point and the total energy, respectively. Both of them are expressed in joule (J). The sample was conditioned in a constant temperature bath attached to the apparatus. The test piece was placed in a constant temperature bath previously adjusted to a predetermined temperature, conditioned for 2 hours, and then subjected to the above test. The predetermined temperature was employed as the measuring temperature. (7) Thermal deformation temperature Measured according to the method prescribed in JIS K7207. The fiber stress was measured at 4.6 kg/cm². (8) Rockwell hardness Measured according to the method prescribed in JIS K7207. The thickness of a test piece was 3.2 mm. As a steel ball, R was used. The evaluation value is expressed on R scale. (9) Amounts of maleic anhydride and styrene added The amount of maleic anhydride added in the modified polypropylene (A) was determined by dissolving a small amount of each sample in hot xylene, adding anhydrous acetone to cause precipitation, re-dissolving the thus purified sample in xylene, and titrating the resulting solution with a methanolic solution of NaOH with heating (110° - 120°C) by using phenolphthalein as an indicator. The amount of maleic anhydride added in the modified ethylenic copolymer rubbers (G) and (H) was determined by dissolving a small amount of each sample in toluene, adding anhydrous acetone to cause precipitation, re-dissolving the thus purified sample in toluene, and titrating the resulting solution with a solution of KOH in ethanol with heating (85°C) by using phenolphthalein as an indicator. The amount of styrene added in the modified ethylenic copolymer rubber (H) was determined from the intensity of an absorption peak due to a substituted benzene ring which appeared in an infrared absorption spectrum measured for the aforesaid purified sample. (10) Mooney viscosity Measured according to the method prescribed in JIS K6300. The measuring temperature was 121°C. (11) Number average molecular weight Measured by a gel permeation chromatography (GPC) under the following conditions: GPC: type 150C, mfd. by Waters Column: Shodex 80MA mfd. by Showa Denko K.K. Amount of sample: 300 µℓ (polymer concentration 0.2 wt%) Flow rate: 1 ml/min Temperature: 135°C Solvent: trichlorobenzene A calibration curve for calculating the number average molecular weight was prepared by a conventional method by using standard polystyrene mfd. by TOHSOH CORP. Data processing was conducted by means of a data processor CP-8 Model III mfd. by TOHSOH CORP. (12) Ethylene content Determined by the use of a calibration curve from the absorbances of characteristic absorptions due to methyl (-CH₃) and methylene (-CH₂-) which appeared in an infrared spectrum measured by using a pressed sheet previously prepared. The above test pieces for determining the physical properties were prepared under the following injection molding conditions unless otherwise specified. The thermoplastic resin was dried in a hot-air dryer at 120°C for 2 hours and then injection molded by means of a IS150E type injection molding machine mfd. by Toshiba Machine Co., Ltd. at a molding temperature of 240°C and a mold-cooling temperature of 70°C for 15 seconds for injection and 30 seconds for cooling. The polypropylene compositions described below were produced under the following conditions unless otherwise specified. Predetermined amounts of components were weighed individually, uniformly premixed in a Henschel mixer, and then kneaded in a twin screw continuous kneading machine (Model TEX 44 SS 30BW-2V, mfd. by JAPAN STEEL WORKS LTD.) with suction through a vent at an extrusion rate of 30 kg/hour, a resin temperature of 240°C and a screw revolution rate of 350 revolutions/min. The screws were composed of two sets of a triple-thread rotor and a triple thread kneading disc which sets were placed in two kneading zones, e.g., a zone next to the first feed opening and a zone next to the second feed opening, respectively. Examples 1 to 5 and Comparative Examples 1 and 2 (Tables 1-1 and 1-2) A modified polypropylene (A) was produced in the following manner. A starting propylene homopolymer having a melt flow rate of 1.3 g/10 min, an intrinsic viscosity in tetralin at 135°C of 2.45 dl/g, a 20°C cold xylene soluble component of 2.9% by weight, a boiling heptane soluble component of 6.7% by weight, and an in boiling heptane insoluble isotactic pentad of 0.955 which had been produced by slurry polymerization by the process disclosed in JP-A-60-28405 was modified as follows. With 100 parts by weight of the starting propylene homopolymer 1.0 part by weight of maleic anhydride, 0.6 part by weight of the propylene homopolymer containing as free-radical initiator 8% by weight of 1,3-bis(t-butylperoxyisopropyl)benzene (Sanperox®-TY1.3, mfd. by Sanken Kako Co., Ltd) supported thereon, and 0.1 part by weight of Irganox® 1010 (mfd. by Ciba-Geigy Ltd.) as stabilizer were uniformly mixed by a Henschel mixer. The resulting mixture was melt-kneaded by means of a TEX 44 SS-30BW-2V type twin screw extruder mfd. by JAPAN STEEL WORKS. LTD., at a temperature of 220°C for an average residence time of 1.5 minutes to obtain a maleic anhydride-modified polypropylene (A) having an amount of maleic anhydride added of 0.08% by weight and a melt flow rate of 36 g/10 min. Said modified polypropylene (A) is hereinafter abbreviated as M-PP-1. A polybutylene terephthalate (Toughpet PBT® N1000, mfd. by Mitsubishi Rayon Co., Ltd.) was used as a saturated polyester resin (D). This starting polybutylene terephthalate is hereinafter abbreviated as PBT-1. An epoxy group containing copolymer (E) was produced in the following manner. A terpolymer of ethylene, vinyl acetate and glycidyl methacrylate in the ratio of 85:5:10 by weight having a melt flow rate of 7 g/10 min. (190°C, load 2.16 kg) was produced by high-pressure radical polymerization according to the process disclosed in JP-A-47-23490 and JP-A-48-11888. This epoxy group containing copolymer is hereinafter abbreviated as E.VA.GMA-1. Pellets of ethylene-propylene copolymer rubber having a number average molecular weight of 60,000 and an ethylene content of 78% by weight were used as ethylenic copolymer rubber (F). Said ethylene-propylene copolymer rubber is hereinafter abbreviated as EPM-1. The above starting materials were blended. As shown in Table 1-1, the blending proportions of M-EPM-1 and E.VA.GMA-1 were unvaried, while those of M-PP-1 and PBT-1 were various. Each blend was kneaded under the predetermined conditions to obtain a polypropylene composition. Test pieces were made of the polypropylene composition under the predetermined injection molding conditions and subjected to evaluation of the physical properties. The results of the evaluation of the physical properties are shown in Table 1-2. One example of measurement of the penetration impact strength at 23°C for Example 3 is shown in Fig. 1. Although Izod impact strength is generally employed for impact resistance evaluation, penetration impact strength is often high even when Izod impact strength is low. Polybutylene terephthalates have a much higher penetration impact strength than propylene-ethylene propylene block copolymers do though they have a lower notched Izod impact strength at -30°C than the latter do. The low-temperature falling ball test is employed for actual service evaluation of automobile parts, and the actual service evaluation by this test gives results which are consistent with those obtained by a laboratory evaluation of the penetration impact strength. To evaluate the surface impact strength, the higher the energy at yield point shown in Fig. 1 and the total energy, the higher the rating. The energy at yield point and the total energy can be calculated from the measurement chart. In addition, the state of fracture of a test piece at fracture point is important for associating the evaluation of the penetration impact strength with the actual service evaluation. The state of fracture cannot be determined from the measurement chart and is judged by observing the state of fracture of a test piece after breakage. A state of fracture in which a sharp crack is formed or where the test piece is divided into several pieces is referred to as a "brittle fracture". The state of fracture in which the test piece is fractured in accordance with the shape of an impact probe without formation of a sharp crack or division into several pieces is referred to as a "ductile fracture". The ductile fracture is preferable to the brittle fracture. It can be seen that in Examples 1 to 5 of the present invention, the Izod impact strength and the penetration impact strength were greatly improved as compared with Comparative Examples 1 and 2 in which no modified ethylene-propylene copolymer rubber was blended. Examples 6 to 9 (Tables 2-1 and 2-2) The same starting materials as used in Examples 1 to 5 were blended. As shown in Table 2-1, the blending proportions of PBT-1 and E.VA.GMA-1 were unvaried, while those of M-PP-1 and EPM-1 were varied. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Examples 1 to 5, and their physical properties were evaluated. The results of the evaluation are shown in Table 2-2. The higher the blending proportion of the ethylene-propylene copolymer rubber EPM-1, the higher the Izod impact strength and the penetration impact strength. By contrast, the higher said blending proportion, the lower the thermal deformation temperature and hence the heat resistance. Examples 10 to 12 and Comparative Example 3 (Tables 3-1 and 3-2) The same starting material as used in Examples 1 to 5 were blended. As shown in Table 3-1, the blending proportions of M-PP-1 and PBT-1 were unvaried, while those of EPM-1 and E.VA.GMA-1 were varied. Using the blends thus obtained, thermoplastic resin compositions were produced in the same manner as in Example 1 to 5, and their physical properties were evaluated. The results of the evaluation are shown in Table 3-2. It can be seen that in Examples 10 to 12 of the present invention, the Izod impact strength and the penetration impact strength were markedly improved as compared with Comparative Example 3 in which the epoxy group containing copolymer E.VA.GMA-1 was not blended. Example 13 (Tables 4-1 and 4-2) The same starting materials as used in Examples 1 to 5 and a basic compound (I) benzyldimethylamine (Sumicure® BD, mfd. by Sumitomo Chemical Co.) as reaction accelerator were blended in the proportions shown in Table 4-1. Using the blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The results of the evaluation are shown in Table 4-2. Although satisfactory physical properties were attained in Example 3 of the present invention in which no basic compound (I) was blended, the Izod impact strength and the penetration impact strength are further improved in Example 13 in which the basic compound (I) was blended. Example 14 (Tables 5-1 and 5-2) A modified polypropylene (A) was produced in the following manner. By the same method as that used for producing M-PP-1 in Examples 1 to 5, the starting material, a highly crystalline propylene homopolymer was modified having an intrinsic viscosity in tetralin at 135°C of 2.42 dl/g, a melt flow rate of 1.6 g/10 min, a 20°C cold xylene soluble component of 0.6 % by weight, a boiling heptane soluble component of 2.9% by weight and an in boiling heptane insoluble isotactic pentad of 0.980 which had been produced by the slurry polymerization process disclosed in JP-A-60-228504. Thus, a maleic anhydride-modified highly crystalline polypropylene was obtained having an amount of maleic anhydride added of 0.08% by weight, and a melt flow rate of 36 g/10 min. This modified highly crystalline polypropylene is hereinafter abbreviated as M-PP-2. The same starting materials as in Examples 1 to 5 were blended in the proportions shown in Table 5, except that M-PP-2 was used as modified polypropylene. Using the resulting blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The evaluation results are shown in Table 5-2. Although satisfactory physical properties were attained in Example 3 of the present invention in which the usual modified polypropylene M-PP-1 was used, it can be seen that the employment of the modified highly crystalline polypropylene M-PP-2 results in an increase of the flexural modulus and a rise of the thermal deformation temperature and hence brings about desirable effects on the stiffness and the heat resistance. Example 15 (Tables 6-1 and 6-2) The ground product of an ethylene-propylene copolymer rubber having a number average molecular weight of 55000 and an ethylene content of 47% by weight was used as ethylenic copolymer rubber (F). Said ethylene-propylene copolymer rubber is hereinafter abbreviated as EPM-2. The same starting materials as in Example 14 were blended in the proportions shown in Table 6-1, except that EPM-2 was used as ethylene-propylene copolymer rubber. Using the resulting blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The evaluation results are shown in Table 6-2. Although satisfactory physical properties were obtained in Example 14 of the present invention in which EPM-1 was used as ethylene-propylene copolymer rubber, employment of EPM-2 brought about desirable effects on the low-temperature Izod impact strength and the low-temperature penetration impact strength. Examples 16 and 17 (Tables 7-1 and 7-2) A polyethylene terephthalate (Petra® 130, mfd. by Allied Chemical Co., Ltd.) was used as saturated polyester resin (D). This starting polyethylene terephthalate is hereinafter abbreviated as PET-1. The same stating materials as in Example 15 were blended in the proportions shown in Table 7-1, except that PET-1 alone or a mixture of PET-1 and PBT-1 was used as saturated polyester resin. Using the resulting blends, polypropylene compositions were produced in the same manner as in Example 15 except that the resin temperature was changed to 270°C. Test pieces were made of each polypropylene composition by injection molding in the same manner as in Example 15 except that the molding temperature was changed to 270°C, and subjected to evaluation of the physical properties. The evaluation results are shown in Table 7-2. Although satisfactory physical properties were attained in Example 15 of the present invention in which PBT-1 was used alone, the employment of PET-1 alone or a mixture of PET-1 and PBT-1 resulted in a rise of the thermal deformation temperature and hence improvement of heat resistance. Examples 18 and 19 (Tables 8-1 and 8-2) An epoxy group containing copolymer (E) was produced in the following manner. In the same manner as described in Examples 1 to 5, except that methyl acrylate was used as comonomer in place of vinyl acetate, a terpolymer of ethylene, methyl acrylate and glycidyl methacrylate in the ratio of 64:14:22 by weight was produced by high-pressure radical polymerization which had a high glycidyl methacrylate content and melt flow rate of 21 g/10 min (190°C, load 2.16 kg). Said epoxy group containing copolymer was hereinafter abbreviated as E.MA.GMA-1. The same starting materials as in Example 15 were blended in the proportions shown in Table 8-1, except that E.MA.GMA-1 was used as epoxy group containing copolymer. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Examples 1 to 5, and their physical properties were evaluated. The evaluation results are shown in Table 8-2. The physical properties were satisfactory as in Example 15. Examples 20 to 22 (Tables 9-1 and 9-2) Glass short fiber of chopped strand Microglass® RES03X-TP10532 mfd. by Nihon Glass Fiber Co., Ltd. was used as filler (J). Said glass short fiber is hereinafter abbreviated as GF-1. Besides using GF-1 as a filler, the same starting materials as used in Examples 18 and 19 were used, and the components other than GF-1 were blended in the proportions shown in Table 13-1, fed through the first feed opening, and previously melt-kneaded. The constituent GF-1 was fed through the second feed opening, and a polypropylene composition was produced under the predetermined kneading conditions. Evaluation of the physical properties was done in a similar manner as in Example 1 to 5, and is shown in Table 9-2. When using GF-1 as a filler, the Izod impact strength and the penetration impact strength were a little lower but the flexural modulus and the thermal deformation temperature were much higher and favourable, as compared with Example 18 in which GF-1 was not blended. Examples 23 to 25 (Tables 10-1 and 10-2) The same materials as in Examples 1 to 5 were blended, except that the starting propylene homopolymer for M-PP-1 (hereinafter abbreviated as PP-1) was used as polypropylene (B). As shown in Table 10-1, the blending proportions of PBT-1, E.VA.GMA-1 and EPM-1 were unvaried, while those of MS-PP-1 and PP-1 were varied. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Examples 1 to 5, and their physical properties were evaluated. The results of the evaluation are shown in Table 10-2. It can be seen that in Examples 23 to 25 of the present invention, the Izod impact strength and the penetration impact strength were greatly improved as compared with Comparative Example 1 in which the ethylene-propylene copolymer rubber (F) EPM-1 was not blended. Examples 26 to 30 (Tables 11-1 and 11-2) A modified ethylenic copolymer rubber (G) was produced in the following manner. 100 parts by weight of pellets of ethylene-propylene copolymer rubber having a number average molecular weight of 60,000 and an ethylene content of 78% by weight were mixed in a Henschel mixer with 2.0 parts by weight of maleic anhydride and 1.0 part by weight of the propylene homopolymer containing as free-radical initiator 8% by weight of 1,3-bis(t-butylperoxy-isopropyl)benzene (Sanperox®-TY1.3, mfd. by Sanken Kako Co., Ltd.) supported thereon. Subsequently, the resulting mixture was melt kneaded under nitrogen by means of a TEX 44SS-30BW 2V type twin screw extruder mfd. by JAPAN STEEL WORKS, LTD., at a kneading temperature of 250°C and an extrusion rate of 18 kg/hour to obtain a modified ethylene-propylene copolymer rubber having an amount of maleic anhydride added of 0.7% by weight, and a Mooney viscosity (ML₁+₄, 121°C) of 72. Said modified ethylene-propylene copolymer rubber is hereinafter abbreviated as M-EPM-1. Besides the M-EPM-1, the same starting materials were used as in Examples 1 to 5. As shown in Table 11-1, the blending proportions of M-EPM-1 and E.VA.GMA-1 were unvaried, while those of M-PP-1 and PBT-1 were varied. Each blend was kneaded under the predetermined conditions to obtain a polypropylene composition. Test pieces were made of the polypropylene composition under the predetermined injection molding conditions and subjected to evaluation of the physical properties. The results of evaluation of the physical properties are shown in Table 11-2. It can be seen that in Examples 26 to 30 of the present invention, the Izod impact strength and the penetration impact strength were greatly improved as compared with Comparative Examples 1 and 2 in which no modified ethylene-propylene copolymer rubber was blended. Compared to the Examples 1 to 5, the Izod impact strength and the penetration impact strength were greatly improved, but the melt flow rate is lower and the fluidity is lessened. Examples 31 to 34 (Tables 12-1 and 12-2) The same starting materials as used in Examples 26 to 30 were blended. As shown in Table 12-1, the blending proportions of PBT-1 and E.VA.GMA-1 were unvaried, while those of M-PP-1 and EPM-1 were varied Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Examples 1 to 5, and their physical properties were evaluated. The results of the evaluation are shown in Table 12-2. The higher the blending proportion of the ethylene-propylene copolymer rubber M-EPM-1, the higher the Izod impact strength and the penetration impact strength. By contrast, the higher said blending proportion, the lower the thermal deformation temperature and hence the heat resistance. Examples 35 to 37 and Comparative Example 3 (Tables 13-1 and 13-2) The same starting material as used in Examples 26 to 30 were blended. As shown in Table 13-1, the blending proportions of M-PP-1 and PBT-1 were unvaried, while those of EPM-1 and E.VA.GMA-1 were varied. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Example 1 to 5, and their physical properties were evaluated. The results of the evaluation are shown in Table 13-2. It can be seen that in Examples 35 to 37 of the present invention, the Izod impact strength and the penetration impact strength were markedly improved as compared with Comparative Example 3 in which the epoxy group containing copolymer E.VA.GMA-1 was not blended. Example 38 (Tables 14-1 and 14-2) The same starting materials as used in Examples 26 to 30 and a basic compound (I) benzyldimethylamine (Sumicure® BD, mfd. by Sumitomo Chemical Co.) as reaction accelerator were blended in the proportions shown in Table 14-1. Using the blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The results of the evaluation are shown in Table 14-2. Although satisfactory physical properties were attained in Example 28 of the present invention in which no basic compound (I) was blended, the Izod impact strength and the penetration impact strength are further improved in Example 38 in which the basic compound (G) was blended. Example 39 (Tables 15-1 and 15-2) The same starting materials as in Examples 26 to 30 were blended in the proportions shown in Table 15, except that M-PP-2 was used as modified polypropylene. Using the resulting blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The evaluated results are shown in Table 15-2. Although satisfactory physical properties were attained in Example 28 of the present invention in which the usual modified polypropylene M-PP-1 was used, it can be seen that the employment of the modified highly crystalline polypropylene M-PP-2 results in an increase of the flexural modulus and a rise of the thermal deformation temperature and hence brings about desirable effects on the stiffness and the heat resistance. Example 40 (Tables 16-1 and 16-2) An ethylenic copolymer rubber (G) was produced in the following manner. The ground product of an ethylene-propylene copolymer rubber having a rubber average molecular weight of 55000 and an ethylene content of 47% by weight was modified by the same method as that used for producing M-EPM-1 in Examples 26 to 30, to obtain a modified ethylene-propylene copolymer rubber having an amount of maleic anhydride added of 0.5% by weight, and a Mooney viscosity (ML₁+₄ 121°C) of 65. This modified ethylene-propylene copolymer rubber is hereinafter abbreviated as M-EPM-2. The same starting materials as in Example 39 were blended in the proportions shown in Table 16-1, except that M-EPM-2 was used as ethylene-propylene copolymer rubber. Using the resulting blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The evaluated results are shown in Table 16-2. Although satisfactory physical properties were obtained in Example 39 of the present invention in which M-EPM-1 was used as ethylene-propylene copolymer rubber, employment of M-EPM-2 brought about desirable effects on the low-temperature Izod impact strength and the low-temperature penetration impact strength. Examples 43 to 44 (Tables 18-1 and 18-2) The same starting materials as in Example 40 were blended in the proportions shown in Table 18-1, except that E.MA.GMA-1 was used as epoxy group containing copolymer. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Examples 1 to 5, and their physical properties were evaluated. The evaluated results are shown in Table 18-2. The physical properties were satisfactory as in Example 40. Examples 45 to 47 (Tables 19-1 and 19-2) Besides using GF-1 as a filler, the same starting materials as in examples 43 to 44 are used. The components other than GF-1 were blended in the proportions shown in Table 19-1, fed through the first feed opening, and previously melt-kneaded. The constituent GF-1 was fed through the second feed opening, and a polypropylene composition was produced. Evaluation of the physical properties were done in the same manner as in example 1 to 5. The result is shown in Table 19-2. When GF-1 was used as a filler, the Izod impact strength and the penetration impact strength were a little lower but the flexural modulus and the thermal deformation temperature were much higher, and desirable effects on the stiffness and the heat resistance could be obtained, as compared to Example 43 in which GF-1 was not blended. Examples 48 to 50 (Tables 20-1 and 20-2) The same materials as in Examples 1 to 5 were blended, except that PP-1 was used as polypropylene (B). As shown in Table 20-1, the blending proportions of PBT-1, E.VA.GMA-1 and M-EPM-1 were unvaried, while those of M-PP-1 and PP-1 were various. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Examples 1 to 5, and their physical properties were evaluated. The results of the evaluation are shown in Table 20-2. It can be seen that in Examples 48 to 50 of the present invention, the Izod impact strength and the penetration impact strength were greatly improved as compared with Comparative Example 1 in which the modified ethylene-propylene copolymer rubber (G) M-EPM-1 was not blended. Example 51 (Tables 21-1 and 21-2) A thermoplastic resin composition was produced in the same manner as in Example 28, except that in place of M-PP-1 and M-EPM-1, a co-modified product of the starting propylene for M-PP-1 and the starting ethylene-propylene copolymer rubber for M-EPM-1 were used. In a Henschel mixer, 100 parts by weight of a blend of powder of the starting polypropylene for M-PP-1 and pellets of the starting ethylene-propylene copolymer rubber for M-EPM-1 in the ratio of 55:15 were uniformly mixed with 1.5 parts by weight of maleic anhydride, 0.6 parts by weight of the propylene homopolymer containing as free-radical initiator 8% by weight of 1,3-bis(t-butylperoxyisopropyl)benzene (Sanperox®-Tyl.3, mfd. by Sanken Kako co., Ltd.) supported thereon, and 0.1 part by weight of Irganox® 1010 (mfd. by Ciba Geigy Ltd.). The resulting mixture was melt-kneaded by means of a TEX 44 SS-30BW-2V the twin screw extruder mfd. by JAPAN STEEL WORKS, LTD., at a temperature of 220°C for an average residence time of 1.5 minutes to obtain a maleic anhydride-modified polypropylene (A)/ethylene-propylene copolymer rubber (G) having an amount of maleic anhydride added of 0.16% by weight and a melt flow rate of 12 g/10 min. This co-modified product is abbreviated as M-(PP-1/EPM-1). A polypropylene composition was produced in the same manner as in Example 28, except that the co-modified product M-(PP-1/EPM-1) was used as shown in Table 21-1. Its physical properties was evaluated. The evaluated results are shown in Table 21-2. Also when the co-modified product M-(PP-1/EPM-1) was used, the Izod impact strength and the penetration impact strength were satisfactory as in Example 28 in which the modified products M-PP-1 and M-EPM-1 obtained by the individual modifications were used. Example 52 (Tables 22-1 and 22-2) Co-modification with maleic anhydride and styrene was carried out in the same manner as in Example 51, except that the powder of the starting polypropylene for M-PP-2 and pellets of the starting ethylene-propylene copolymer rubber for M-EPM-1 were mixed in the ratio of 30/15 by weight. Thus, maleic anhydride-modified polypropylene (A)/ethylene-propylene copolymer rubber (G) was obtained have an amount of maleic anhydride added of 0.23% by weight and a melt flow rate of 8 g/10 min. Said co-modified product is hereinafter abbreviated as M-(PP-2/EPM-1). The same materials as in Example 51 were blended in the proportions shown in Table 22-1, except that M-(PP-2/EPM-1) was used as the co-modified product. Using the resulting blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The evaluation results are shown in Table 22-2. It can be seen that in Example 52 of the present invention, the Izod impact strength and the low-temeprature penetration impact strength were markedly improved as compared with Comparative Examples 1 and 2 in which no modified ethylene-propylene copolymer rubber was blended. Moreover, in Example 52, the thermal deformation temperature and Rockwell hardness were higher and the heat resistance and the scratch resistance were characteristic, as compared with Examples 30 and 39. Examples 53 to 57 (Tables 23-1 and 23-2) A modified ethylenic copolymer rubber (H) was produced in the following manner. 100 parts by weight of pellets of ethylene-propylene copolymer rubber having a number average molecular weight of 60,000 and an ethylene content of 78% by weight were mixed in a Henschel mixer with 2.0 parts by weight of maleic anhydride, 2.0 parts by weight of styrene and 1.0 part by weight of propylene homopolymer containing as free-radical initiator 8% by weight of 1,3bis(t-butylperoxyisopropyl)benzene (Sanperox®-TY1.3, mfd. by Sanken Kako Co., Ltd.) supported thereon. Subsequently, the resulting mixture was melt-kneaded under nitrogen by means of a TEX 44 SS-30BW-2V type twin screw extruder mfd. by JAPAN STEEL WORKS, LTD., at a kneading temperature of 250°C and an extrusion rate of 18 kg/hour to obtain a modified ethylene-propylene rubber having an amount of maleic anhydride added of 1.5% by weight, an amount of styrene added of 0.8% by weight and a Mooney viscosity (ML₁+₄, 121°C) of 70. Said modified ethylene-propylene copolymer rubber is hereinafter abbreviated as MS-EPM-1. Besides MS-EPM-1, the same starting materials as in Examples 1 to 5 were used. As shown in Table 23-1, the blending proportions of MS-EPM-1 and E.VA.GMA-1 were unvaried, while those of M-PP-1 and PBT-1 were varied. Polypropylene compositions were obtained by the same method as in Examples 1 to 5, and were subjected to evaluation of the physical properties. The results of evaluation of the physical properties are shown in Table 23-2. It can be seen that in Examples 53 to 57 of the present invention, the Izod impact strength and the penetration impact strength were greatly improved as compared with Comparative Examples 1 and 2 in which no modified ethylene-propylene copolymer rubber (H) was blended. Examples 58 to 61 (Tables 24-1 and 24-2) The same starting materials as used in Examples 53 to 57 were blended. As shown in Table 24-1, the blending proportions of PBT-1 and E.VA.GMA-1 were unvaried, while those of M-PP-1 and EPM-1 were varied. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Examples 1 to 5, and their physical properties were evaluated. The results of the evaluation are shown in Table 24-2. The higher the blending proportion of the modified ethylene-propylene copolymer rubber MS-EPM-1, the higher the Izod impact strength and the surface penetration strength. By contrast, the higher said blending proportion, the lower the thermal deformation temperature and hence the heat resistance. Examples 62 to 64 and Comparative Example 5 (Tables 25-1 and 25-2) The same starting material as used in Examples 58 to 61 were blended. As shown in Table 25-1, the blending proportions of M-PP-1 and PBT-1 were unvaried, while those of MS-EPM-1 and E.VA.GMA-1 were varied. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Example 1 to 5, and their physical properties were evaluated. The results of the evaluation are shown in Table 25-2. It can be seen that in Examples 62 to 64 of the present invention, the Izod impact strength and the penetration impact strength were markedly improved as compared with Comparative Example 5 in which the epoxy group containing copolymer E.VA.GMA-1 was not blended. Example 65 (Tables 26-1 and 26-2) The same starting materials as used in Examples 53 to 57 and a basic compound (I) benzyldimethylamine (Sumicure® BD, mfd. by Sumitomo Chemical Co.) as reaction accelerator were blended in the proportions shown in Table 26-1. Using the blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The results of the evaluation are shown in Table 26-2. Although satisfactory physical properties were attained in Example 55 of the present invention in which no basic compound (I) was blended, the Izod impact strength and the penetration impact strength are further improved in Example 65 in which the basic compound (I) was blended. Example 66 (Tables 27-1 and 27-2) The same starting materials as in Examples 53 to 57 were blended in the proportions shown in Table 5, except that M-PP-2 was used as modified polypropylene. Using the resulting blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The evaluated results are shown in Table 27-2. Although satisfactory physical properties were attained in Example 55 of the present invention in which the usual modified polypropylene M-PP-1 was used, it can be seen that the employment of the modified highly crystalline polypropylene M-PP-2 results in an increase of the flexural modulus and a rise of the thermal deformation temperature and hence brings about desirable effects on the stiffness and the heat resistance. Example 67 (Tables 28-1 and 28-2) A modified ethylenic copolymer rubber (H) was produced in the following manner. The ground product of an ethylene-propylene copolymer rubber having a rubber average molecular weight of 55000 and an ethylene content of 47% by weight was modified by the same method as that used for producing MS-EPM-1 in Examples 53 to 57, to obtain a modified ethylene propylene copolymer rubber having an amount of maleic anhydride added of 1.2% by weight, an amount of styrene added of 0.7% by weight and a Mooney viscosity (ML₁+₅ 121°C) of 40. This modified ethylene-propylene copolymer rubber is hereinafter abbreviated as MS-EPM-2. The same starting materials as in Example 66 were blended in the proportions shown in Table 28-1, except that MS-EPM-2 was used as modified ethylene-propylene copolymer rubber. Using the resulting blend, a polypropylene composition was produced in the same manner as in Examples 1 to 5, and its physical properties were evaluated. The evaluated results are shown in Table 28-2. Although satisfactory physical properties were obtained in Example 66 of the present invention in which MS-EPM-1 was used as modified ethylene-propylene copolymer rubber, employment of MS-EPM-2 brought about desirable effects on the low-temperature Izod impact strength and the low-temperature penetration impact strength. Examples 68 to 69 (Tables 29-1 and 29-2) The same starting materials as in Example 67 were blended in the proportions shown in Table 29-1, except that PET-1 alone or a mixture of PET-1 and PBT-1 was used as saturated polyester resin. Using the resulting blends, polypropylene compositions were produced in the same manner as in Example 67 except that the resin temperature was changed to 270°C. Test pieces were made of each polypropylene composition by injection molding in the same manner as in Example 67 except that the molding temperature was changed to 270°C. and subjected to evaluation of the physical properties. The evaluation results are shown in Table 29-2. Although satisfactory physical properties were attained in Example 67 of the present invention in which PBT was used alone, the employment of PET-1 alone or a mixture of PET-1 and PBT-1 resulted in a rise of the thermal deformation temperature and hence improvement of heat resistance. Examples 70 and 71 (Tables 30-1 and 30-2) The same starting materials as in Example 67 were blended in the proportions shown in Table 30-1, except that E.MA.GMA-1 was used as epoxy group containing copolymer. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Examples 1 to 5, and their physical properties were evaluated. The evaluation results are shown in Table 30-2. The physical properties were satisfactory as in Example 67. Examples 72 to 74 (Tables 31-1 and 31-2) Besides using GF-1 as a filler, the same starting materials as used in Examples 70 and 71 were used. The components other than GF-1 were blended in the proportions shown in Table 31-1, fed through the first feed opening, and previously melt-kneaded. The constituent GF-1 was fed through the second feed opening, and polypropylene compositions were produced. Evaluation of the physical properties was done in the same manner as in Examples 1 to 5. The result is shown in Table 31-2. When GF-1 was used as a filler, the Izod impact strength and the penetration impact strength were a little lower but the flexural modulus and the thermal deformation temperature were much higher, and desirable effects on the stiffness and the heat resistance could be obtained, when compared to the Example 70 in which GF-1 was not blended. Examples 75 to 77 (Tables 32-1 and 32-2) The same materials as in Examples 53 to 57 were blended, besides using PP-1 in place of polypropylene (B). As shown in Table 10-1, the blending proportions of PBT-1, E.VA.GMA-1 and EPM-1 were unvaried, while those of M-PP-1 and PP-1 were varied. Using the blends thus obtained, polypropylene compositions were produced in the same manner as in Examples 1 to 5, and their physical properties were evaluated. The results of the evaluation are shown in Table 32-2. It can be seen that in Examples 75 to 77 of the present invention, the Izod impact strength and the penetration impact strength were greatly improved as compared with Comparative Example 1 in which the modified ethylene-propylene copolymer rubber (H) MS-EPM-1 was not blended. Example 78 (Tables 33-1 and 33-2) A highly crystalline propylene-ethylene block copolymer (hereinafter abbreviated as PP-3) which was prepared according to the slurry polymerization process disclosed in JP-A-60-228504 was used as polypropylene (B). The copolymer had the following properties: Melt flow rate: 7.5 g/10 min, Intrinsic viscosity in tetralin at 135°C: 2.18 dl/g, Content of polypropylene homopolymer portion, the first segment produced in the first polymerization step (hereinafter referred to as the P portion): 84% by weight, Content of ethylene-propylene copolymer portion, the second segment produced in the second polymerization step (hereinafter referred to as the EP portion): 16% by weight, Content of the propylene ethylene propylene copolymer, the second segment produced in the second step of the polymerization (hereinafter referred to as the PEP portion): 16% by weight Intrinsic viscosity of the P portion in tetralin at 135°C: 1.60 dl/g, 20°C Cold xylene soluble of the P portion: 1.6% by weight, Boiling heptane soluble of the P portion: 4.6% by weight, Isotactic pentad of the boiling heptane insoluble of the P portion: 0.975, Intrinsic viscosity of the EP portion in tetralin at 135°C: 5.2 dl/g, and Weight ratio of ethylene/propylene in the EP portion: 37/63. The maleic anhydride-co-modified polypropylene (A)/ethylene-propylene copolymer rubber (G) having an amount of maleic anhydride added of 0.09% by weight and a melt flow rate of 9.5 g/10 min, was obtained in the following manner: 100 parts by weight of the compound consisting in the ratio of 40.6/17/4 of the powder of starting polypropylene of M-PP-2 and the ground product of starting ethylene-propylene copolymer rubber of M-EPM-2, were uniformly mixed in a Henschel mixer together with 0.5 part by weight of maleic anhydride, 0.5 parts by weight of the propylene homopolymer containing as free-radical initiator 8% by weight of 1,3-bis(t-butylperoxyisopropyl)benzene (Sanperox®-Tyl.3, mfd. by Sanken Kako Co., Ltd.) supported thereon, and 0.1 part by weight of Irganox® 1010 (mfd. by Ciba-Geigy Ltd.). The resulting mixture was melt-kneaded by means of a TEX 44 SS-30BW-2V the twin screw extruder mfd. by JAPAN STEEL WORKS, LTD., at a temperature of 220°C for an average residence time of 1.5 minutes. This co-modified product is abbreviated as M-(PP-2/EPM-2). Furthermore, PBT-1 was used as the saturated polyester resin (D), and E.MA.GMA-1 was used as the epoxy group containing copolymer (E) to be mixed in the ratio shown in Table 33-1. Using the blend thus obtained, a polypropylene composition was produced and the evaluation of the physical properties was done in the same manner as in Examples 1 to 5. The result of the evaluation of the physical properties is shown in Table 33-2. Fluidity was greatly improved, and together with the physical properties, satisfactory result was obtained. Examples 79 - 80 (Tables 34-1 and 34-2) Maleic anhydride was modified in the same manner as in Example 52, besides blending the powder of the starting polypropylene of M-PP-2 and the pellet of starting ethylene-propylene copolymer rubber of M-EPM-1, in the ratio of 55/23. Maleic anhydride co-modified polypropylene (A)/ethylene-propylene copolymer rubber (G) with a supplement of 0.2 part by weight of the maleic anhydride and the melt flow rate of 10 g/10 min. was thus obtained. Hereinafter the said copolymer is abbreviated as M-(PP-2/EPM-1)-2. By replacing the pellet of the starting ethylene-propylene copolymer rubber with the pellet of ethylene-butene-1 copolymer rubber of average molecular weight of 50,000 and an ethylene content of 82% by weight, modification was done in the same manner as above, and thus obtained maleic anhydride co-modified polypropylene (A)/ethylene-butene-1 copolymer rubber (G) supplemented by 0.19 part by weight of the maleic anhydride and the melt flow rate of 13 g/10 min. Hereinafter, said copolymer is abbreviated as M-(PP-2/BBM-1). Furtheremore, polypropylene compositions were obtained in the same manner as in Example 1 to 5 by using PBT-1 as an unsaturated polyester resin (D) and E.MA.GMA-1 as an epoxy group containing copolymer (E), and blended in the ratio shown in Table 34-1. And thus, the evaluation of the physical properties was done. The result of the evaluation is shown in Table 34-2. Desirable results of the physical properties were obtained in both Examples 79 and 80. The Example 80 wherein ethylene-butene-1 copolymer rubber was used has a higher Rockwell hardness and scratch resistance when compared to the Example 79 wherein ethylene-propylene copolymer rubber is used. The polypropylene composition according to the present invention is not only good in molding processability but also markedly effective in that it can give molded products much superior in physical properties to those obtained from individual polymers constituting the thermoplastic resin composition. The novel polypropylene composition provided by the present nvention can easily be processed into a molded product, a film, a sheet or the like by a molding method usually used for molding thermoplastic resins, for example, injection molding, extrusion molding or the like, giving a product which has a very good balance of stiffness, heat resistance, impact resistance, scratch resistance, coating properties, oil resistance, chemical resistance, water resistance, etc., and is excellent in appearance uniformity and smoothness. It can be advantageously used for any purpose requiring especially high heat resitance and impact resistance, in particular, low-temeprature impact resistance.

Claims: A thermoplastic polypropylene composition comprising a blend of 100 parts by weight of a resin composition composed of 1 to 99% by weight of a polypropylene type resin (C) selected from the group consisting of a modified polypropylene (A) obtained by graft copolymerizing an unsaturated carboxylic acid or the acid anhydride, ester, amid, imid or metal salt thereof onto a polypropylene, and a composition composed of a modified polypropylene (A) and a polypropylene (B) and 99 to 1% by weight of at least one saturated polyester resin (D) obtained from diol components and dicarboxylic components at least 40 mole% of which are terephthalic acid, 0.1 to 300 parts by weight of an epoxy group containing copolymer (E) obtained from an unsaturated epoxy compound and an ethylenic unsaturated compound and 0.1 to 300 parts by weight of at least one rubber selected from the group consisting of an ethylenic copolymer rubber (F), a modified ethylenic copolymer rubber (G) obtained by graft copolymerizing an unsaturated carboxylic acid or the acid anhydride, ester, amid, imid or metal salt thereof onto an ethylenic copolymer rubber and a modified ethylenic copolymer rubber (H) obtained by graft copolymerizing an unsaturated carboxylic acid or the acid anhydride, ester, amid, imid or metal salt thereof and an unsaturated aromatic monomer onto an ethylenic copolymer rubber wherein the weight ratio of the unsaturated aromatic monomer to the unsaturated carboxylic acid or the derivative thereof is 0.1 to 3.0 and up to 5 parts by weight of a basic compound (I) optionally added as reaction accelerator, the content of the saturated polyester resin in the thermoplastic resin composition being less than 50% by weight. A thermoplastic polypropylene composition according to Claim 1, wherein the polypropylene composition further comprises 0.01 to 300 parts by weight of a filler (J) per 100 parts by weight of said resin composition composed of 1 to 99% by weight of a polypropylene type resin (C) selected from the group consisting of a modified polypropylene (A) obtained by graft copolymerizing an unsaturated carboxylic acid or the acid anhydride, ester, amid, imid or metal salt thereof onto a polypropylene, and a composition of the modified polypropylene (A) and a polypropylene (B) and 99 to 1% by weight of at least one saturated polyester resin (D) obtained from diol components and dicarboxylic components at least 40 mole% of which are terephthalic acid. A thermoplastic polypropylene composition according to any of Claims 1 and 2, wherein in the unsaturated carboxylic acid or the acid anhydride, ester, amid, imid, or metal salt thereof in said modified polypropylene (A) is maleic anhydride. A thermoplastic polypropylene composition according to any of Claims 1 and 2, wherein said saturated polyester resin (D) is polyethylene terephthalate and/or polybutylene terephthalate. A thermoplastic polypropylene composition according to any of Claims 1 and 2, wherein said epoxy group containing copolymer (E) is a copolymer of an unsaturated epoxy compound and ethylene, or a copolymer of unsaturated epoxy compound, ethylene and an ethylenic unsaturated compound (other than ethylene). A thermoplastic polypropylene composition according to any of Claims 1 and 2, wherein the unsaturated carboxylic acid or the acid anhydride, ester, amid, imid, or metal salt thereof in said modified ethylenic copolymer rubber (G) is maleic anhydride. A thermoplastic polypropylene composition according to any of Claims 1 and 2, wherein, in said modified ethylenic copolymer rubber (H), the unsaturated carboxylic acid or the acid anhydride, ester, amid, imid, or metal salt thereof in said modified ethylene copolymer rubber is maleic anhydride and the unsaturated aromatic monomer is styrene. A thermoplastic polypropylene composition according to any of Claims 1 and 2, wherein the ethylenic copolymer rubber in said ethylenic copolymer rubber (F), modified ethylenic copolymer rubber (G) or modified ethylenic copolymer rubber (H) is ethylene-alpha-olefin copolymer rubber and/or ethylene-alpha-olefin-nonconjugated diene copolymer rubber. A thermoplastic polypropylene composition according to any of claims 1 and 2, wherein said basic compound (I) is an amine type organic compound. A thermoplastic polypropylene composition according to Claim 2, wherein said filler (J) is at least one inorganic filler selected from the group consisting of glass fiber, potassium titanate whiskers, talc, mica, calcium carbonate.

Inventors: FUJII TAKESHI, MITSUNO TATSUYUKI, OKADA TAKAYUKI, TSUJI MITSUJI, YAMAGUCHI KENTARO, FUJII, TAKESHI, MITSUNO, TATSUYUKI, OKADA, TAKAYUKI, TSUJI, MITSUJI, YAMAGUCHI, KENTARO
Applicants: SUMITOMO CHEMICAL CO, SUMITOMO CHEMICAL COMPANY, LIMITED
Application year: 1989
Main classification: C08L51
IPC codes: C08L23, C08L51, C08L63, C08L67