Carbonylchlorohydridotris(triphenylphosphine)ruthenium(II) is used as a raw material to synthesize other ru-hydride catalysts. It is involved in the hydrogenation of ring-opening metathesis polymers such as norbornene and other cyclic olefin ROMP polymers used as plastics, resins and optical materials. It can act as an alternative catalyst to rhodium hydrogenation catalyst. It also serves as a catalyst in the hydrogenation of conjugated diene copolymers like acrylonitrile-butadiene rubber (NBR).

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