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2-Phenyloxetane is an oxetane that is used in the synthesis of oxacycles. It can be prepared by treatment of 2-phenylpropene with copper(II) acetate and acetic acid, followed by hydrolysis. This compound has been shown to undergo ring-opening reactions with a range of epoxide substrates in the presence of a copper complex, yielding a variety of products. These reactions are usually conducted at low temperatures and are catalyzed by a diazoacetate, although other methodologies have been developed. The synthetic utility and sustainable nature of this compound make it a desirable building block for chemical synthesis.