Soluble propene/ethene/CO terpolymers (EPEC) with ultrahigh molecular
weight (up to 1.2 x 10(6) g/mol) were prepared by the use of dicationi
c palladium(II) phosphine catalysts and an optimized amount of water a
s activator. When the molar ratio of ethene/CO to propene/CO is below
50 mol-%, the terpolymers are thermoplastic elastomers with excellent
properties. Above this ratio the terpolymers are crystalline thermopla
stics. The ultrahigh molecular weight elastomers are highly soluble in
organic solvents such as CH2Cl2 and CHCl3.