A process for simultaneously producing a 2-(2-aminoalkoxy)alkanol compound and a morpholine compound is disclosed wherein an oxydialkanol is contacted with ammonia in the presence of a catalytically effective amount of a hydrogenation/dehydrogenation catalyst at a temperature of from about 190.degree. C. to about 230.degree. C. and at a pressure ranging from about 700 psig to about 2200 psig, said oxydialkanol having the formula: ##STR1## wherein each R is, independently, a hydrogen or a lower alkyl radical; and recovering said 2-(2-aminoalkoxy)alkanol compound and said morpholine compound from the resulting reaction mixture.