Process for producing at least one product from atleast one gaseous reactant in a slurry bed

A process for producing at least one product from at least one gaseous reactant includes feeding the gaseous reactant, as a gaseous feed or as part of a gaseous feed which is at an inlet superficial gas velocity of at least 0.5 m/s, into a vessel holding an expanded slurry bed of solid catalyst particles suspended in a suspension liquid so that the gaseous reactant can bubble upwardly through the slurry bed. The slurry bed has a catalyst loading of less than 14% by volume of degassed slurry. The gaseous reactant is allowed to react catalytically at a pressure above atmospheric pressure as the gaseous reactant bubbles upwardly through the slurry bed to produce at least one product. The product and any unreacted gaseous reactant are withdrawn from the vessel.