NOVELTY - The process for producing hydrocarbon products e.g. gasoline from biomass, comprises separating pyrolysis oil and lignin from a mixture for generating a water rich phase and a pyrolytic lignin stream, passing the pyrolytic lignin stream to a hydrotreating unit (20) for generating a deoxygenated light oil stream, passing the deoxygenated light oil stream to a separation unit (10, 30) for generating an aqueous and an organic stream, and passing the organic stream to a hydrocracking unit (40) and reacting the organic stream under mild hydrocracking conditions.    USE - The process is useful for producing hydrocarbon products such as naphtha, gasoline and diesel fuel from biomass such as lignin, plant parts, fruits, vegetables, plant processing waste, wood chips, chaff, grain, grasses, corn, corn husks, weeds, aquatic plants, hay, paper, paper products, recycled paper and paper products, and any cellulose containing biological material or material of biological origin.    ADVANTAGE - The process economically produces hydrocarbon products with high yield and can able to make fuels that work with engines without requiring upgrades to those engines.    DETAILED DESCRIPTION - The process for producing hydrocarbon products e.g. gasoline from biomass, comprises separating pyrolysis oil and lignin from a mixture for generating a water rich phase and a pyrolytic lignin stream, passing the pyrolytic lignin stream to a hydrotreating unit (20) for generating a deoxygenated light oil stream, passing the deoxygenated light oil stream to a separation unit (10, 30) for generating an aqueous and an organic stream, and passing the organic stream to a hydrocracking unit (40) and reacting the organic stream under mild hydrocracking conditions for generating a product stream having hydrocarbon compounds useful for gasoline production or diesel fuel. The water rich phase stream is passed to a reforming unit (50) for generating a hydrogen stream. The hydrogen stream is passed to the hydrotreating unit. The hydrotreating unit is operated at 3.4-14 MPa and at 260-455degrees C. The hydrocracking unit is operated with a catalyst and a zeolite cracking function. The deoxygenated light oil stream is drawn off as a vapor from the hydrotreating unit and then passed to the hydrocracking unit. The water rich phase stream is passed to a fermentation unit for generating a stream having ethanol.    DESCRIPTION OF DRAWING(S) - The drawing shows a process flow scheme for the production of hydrocarbon products.    Separation unit (10, 30)    Hydrotreating unit (20)    Hydrocracking unit (40)    Reforming unit. (50)