Benzyl alcohol
Benzyl alcohol is an aromatic alcohol with the formula C6H5CH2OH. The benzyl group is often abbreviated "Bn" (not to be confused with "Bz" which is used for benzoyl), thus benzyl alcohol is denoted as BnOH.  Benzyl alcohol is a colorless liquid with a mild pleasant aromatic odor.  It is a useful solvent due to its polarity, low toxicity, and low vapor pressure. Benzyl alcohol has moderate solubility in water (4 g/100 mL) and is miscible in alcohols and diethyl ether.  The anion produced by deprotonation of the alcohol group is known as benzylate or benzyloxide.

Natural occurrences
Benzyl alcohol is produced naturally by many plants and is commonly found in fruits and teas.  It is also found in a variety of essential oils including jasmine, hyacinth and ylang-ylang. It is also found in castoreum from the castor sacs of beavers. Benzyl esters also occur naturally.

Preparation
Benzyl alcohol is produced industrially from toluene via benzyl chloride, which is hydrolyzed:

C6H5CH2Cl + H2O → C6H5CH2OH + HClAnother route entails hydrogenation of benzaldehyde, a by-product of the oxidation of toluene to benzoic acid.For laboratory use, Grignard reaction of phenylmagnesium bromide (C6H5MgBr) with formaldehyde and the Cannizzaro reaction of benzaldehyde also give benzyl alcohol.  The latter also gives benzoic acid, an example of an organic disproportionation reaction.

Reactions
Like most alcohols, it reacts with carboxylic acids to form esters. In organic synthesis, benzyl esters are popular protecting groups because they can be removed by mild hydrogenolysis.Benzyl alcohol reacts with acrylonitrile to give N-benzylacrylamide.  This is an example of a Ritter reaction:
C6H5CH2OH  +  NCCHCH2 →  C6H5CH2N(H)C(O)CHCH2

Applications
Benzyl alcohol is used as a general solvent for inks, waxes, shellacs, paints, lacquers, and epoxy resin coatings. Thus it can be used in paint strippers, especially when combined with compatible viscosity enhancers to encourage the mixture to cling to painted surfaces.It is a precursor to a variety of esters and ethers, used in the soap, perfume, and flavor industries.  
E.g. benzyl benzoate, benzyl salicylate, benzyl cinnamate, dibenzyl ether, benzyl butyl phthalate.
It can be used as a local anesthetic, especially with epinephrine.As a dye solvent, it enhances the process of dying wool, nylon, and leather.

Use in health care
Benzyl alcohol is used as a bacteriostatic preservative at low concentration in intravenous medications, cosmetics, and topical drugs. Some caution is necessary if a high percent of Benzyl alcohol is used as benzaldehyde arises from benzyl alcohol when used as preservative in an injectable formulation solution.
Benzyl alcohol, sold under the brand name Ulesfia, was approved by the U.S. Food and Drug Administration (FDA) in 2009, as a 5% solution for the treatment of head lice in people 6 months of age and older. It affects the louses spiracles, preventing them from closing. These then become clogged with water or mineral oil or other matter and cause the insect to die from asphyxiation.Benzyl alcohol is used effectively for treating lice infestations as the active ingredient in lotion shampoo with 5% benzyl alcohol.

Contact dermatitis
Benzyl alcohol is an ingredient used in the manufacture of soaps, topical creams, skin lotions, shampoos, and facial cleansers and is popular due to its anti-bacterial and anti-fungal properties.  It is a common ingredient in a variety of 
household products and can cause severe allergic contact dermatitis in a significant percentage of the population.

Safety
Benzyl alcohol has low acute toxicity with an LD50 of 1.2 g/kg in rats. It oxidizes rapidly in healthy individuals to benzoic acid, conjugated with glycine in the liver, and excreted as hippuric acid.  Very high concentrations can result in toxic effects including respiratory failure, vasodilation, hypotension, convulsions, and paralysis.
Benzyl alcohol is toxic to neonates and is associated with the gasping syndrome.Benzyl alcohol is severely toxic and highly irritating to the eye. Pure benzyl alcohol produces corneal necrosis.Benzyl alcohol is not considered to be a carcinogen, and no data are available regarding teratogenic or reproductive effects.

References
External links
International Chemical Safety Card 0833
"Benzyl alcohol". Drug Information Portal. U.S. National Library of Medicine.