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Hydrogen peroxide is manufactured today almost exclusively by the autoxidation of 2-ethyl-9,10-dihydroxyanthracene (C16H14O2) to 2-ethylanthraquinone (C16H12O2) and hydrogen peroxide using oxygen from the air. This is known as the Riedl-Pfleiderer process.

In this reaction, the hydroxy groups on the middle ring of anthracene are deprotonated and are turned into ketones, while two double bonds are lost from the middle ring and are replaced as C=O double bonds in the ketone groups. The anthraquinone derivative is then extracted out and reduced back to the dihydroxy compound using hydrogen gas in the presence of a metal catalyst. The overall equation for the process is deceptively simple:

H2 + O2 → H2O2

However the economics of the process depend on effective recycling of the quinone and extraction solvents, and of the hydrogenation catalyst.
Formerly inorganic processes were used, employing the electrolysis of an aqueous solution of sulfuric acid or acidic ammonium bisulfate (NH4HSO4), followed by hydrolysis of the peroxydisulfate ((SO4)2)2− which is formed.

In 1994, world production of H2O2 was around 1.9 million tonnes and grew to 2.2 million in 2006,[4] most of which was at a concentration of 70% or less[citation needed]. In that year bulk 30% H2O2 sold for around US $0.54 per kg, equivalent to US $1.50 per kg (US $0.68 per lb) on a "100% basis[citation needed]".

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