Used as a catalyst in hydrogenation reactions, particularly in the synthesis of fine chemicals and pharmaceuticals. Effective in asymmetric hydrogenation, enabling the production of chiral intermediates with high enantiomeric purity. Also applied in the petrochemical industry for the conversion of olefins and in the manufacturing of silicone polymers through hydrosilylation reactions. Its homogeneous nature allows for precise control in reaction conditions, improving selectivity and yield.