The reactions were carried out in a micro autoclave with dispersed-phase catalyst under hydrogen atmosphere,and then the thermal reaction kinetic parameters were calculated.

• 结果表明,饱和分与芳香分主要发生裂化反应,生成石脑油与柴油馏分,不会生成甲苯不溶物,极少量的芳香分缩合生成沥青质。