A simple method for hydroxycarbonylation of alkenes or alcohols substrates
which avoids CO gas handling is reported. The proposed formic acid-iridium
based system appears very attractive due to very good chemical performances
for such a reaction and high stability of the catalyst. This reaction was
developed for industrial purposes, but is also of interest for small scale
syntheses, since it does not require expensive equipments and can be carrie
d out easily. (C) 2001 Elsevier Science B.V. All rights reserved.