Chemical Reaction Engineering
A typical example of an exothermic reversible reaction conducted at high pressure in industry is

Polymerisation of ethylene
Dehydration of ethanol
Reformation of methane
Methanol synthesis

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Chemical Reaction Engineering
A space time of 3 hours for a flow reactor means that

Conversion is cent per cent after three hours
Three reactor volumes of feed can be processed every hour
The time required to process one reactor volume of feed (measured at specified conditions) is 3 hours
It takes three hours to dump the entire volume of the reactor with feed

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