text: Two widely employed applications of migratory insertion of carbonyl groups are hydroformylation and the production of acetic acid by carbonylation of methanol. The former converts alkenes, hydrogen, and carbon monoxide into aldehydes. The production of acetic acid by carbonylation proceeds via two similar industrial processes. More traditional is the Monsanto acetic acid process, which relies on a rhodium-iodine catalyst to transform methanol into acetic acid. This process has been superseded by the Cativa process which uses a related iridium catalyst, [Ir(CO)I] (1). By 2002, worldwide annual production of acetic acid stood at 6 million tons, of which approximately 60% is produced by the Cativa process.
  The Cativa process catalytic cycle, shown above, includes both insertion and de-insertion steps. The oxidative addition reaction of methyl iodide with (1) involves the formal insertion of the iridium(I) centre into the carbon-iodine bond, whilst step (3) to (4) is an example of migratory insertion of carbon monoxide into the iridium-carbon bond. The active catalyst species is regenerated by the reductive elimination of acetyl iodide from (4), a de-insertion reaction.