Today chemical syntheses and processes are mostly based on at least one catalytic step, which makes these methods technically, ecologically, and commercially more efficient, or even possible.
Due to activities and selectivities, catalysts which are mainly based on the platinum group metals (PGM's) – platinum, palladium, rhodium, iridium and ruthenium – play an important part in chemistry.
Homogeneous catalysts are completely soluble in the reaction mixture, and therefore are often well-defined chemical compounds, which can be adjusted to the desired catalytic process.
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