AbstractA grease has two major constituents, namely, a lubricant, that performs the function of lubrication; and a gellant, that provides a solid continuous phase, occludes the lubricant, and gives apparent physical structure to the grease. Generally, the gellant is 5–30% and the lubricant 65–90%, additives and fillers making up the rest. In conventional greases, the gellant is a vegetable oil soap, and the lubricant is a liquid oil of petroleum origin or is a synthetic. Such greases have limited biodegradability, because the major constituent, i.e., the lubricant, is normally not biodegradable.In total vegetable oil grease, both the gellant and the lubricant are derived from vegetable oils, giving a grease of potentially high eco‐compatibility. Esters, dibasic acid esters, and alkylated esters of vegetable oil are known to be high‐quality lubricants. These can be used with soap stocks prepared from vegetable oils to give a grease of total vegetable oil origin.The vegetable‐oil based lubricants and soaps are prepared separately and combined in appropriate proportions to give a grease of the required specifications. Alternatively, esterification and saponification can be carried out simultaneously to give a grease of the desired specifications, where an alkali will be the catalyst for esterification, and reactant for saponification. In this paper, the process parameters, and kinetics of these simultaneous reactions are discussed. The results of experimental evaluation of some of these greases are also