A reusable catalyst system comprising a transition metal catalyst based on a transition metal selected from the group consisting of platinum, palladium, ruthenium, and rhodium, within a porous polymeric matrix bead wherein the porous polymeric matrix bead is formed by an interfacial polymerization process comprising
- (a) dissolving or dispersing the transition metal catalyst in a first phase;
- (b) dispersing the first phase in a second continuous phase to form an emulsion;
- (c) reacting one or more bead-forming materials at the interface between the dispersed first phase and the continuous second phase to form a porous polymeric matrix bead encapsulating the dispersed first phase transition metal catalyst;
- and optionally
- (d) recovering a porous polymeric matrix bead from the continuous phase;
- wherein the bead-forming materials comprise at least one aromatic polyisocyanate with or without at least one tolylene diisocyanate, wherein the porous polymeric matrix bead has a homogeneous porous structure and the catalyst is homogeneously distributed throughout the porous polymeric matrix bead, and the catalyst is coordinated with polymer of the porous polymeric matrix bead, whereby the catalyst is maintained within the bead for catalytic contact with organic liquid which enter the porous polymeric matrix bead.