TECHNOLOGY FOCUS - INORGANIC CHEMISTRY - Preferred Components: The first catalyst comprises a metal catalyst, where the metal is nickel, palladium, platinum, ruthenium, rhodium, molybdenum, cobalt or iron.    TECHNOLOGY FOCUS - ORGANIC CHEMISTRY - Preferred Process: In the process, the deoxygenation is carried at a temperature of 205-325 degrees C, preferably 225-280 degrees C and a pressure of 60-100 bar, preferably 75-95 bar for 5 minutes to 2 hours, preferably 15 minutes to 1 hour. Preferred Components: The mole ratio of the first catalyst to lignin is 4:1-12:1, preferably 5:1-9:1. The reaction vessel is an ebullating bed reactor (500). EXAMPLE - 15 wt.% Of frozen lignin-rich composition (comprised of 13.04 wt.% of ash, 49.71 wt.% of lignin, 21.77 wt.% of glucan, 6.81 wt.% of xylan, and 8.67 wt.% of other compounds) was naturally unfrozen until reaching a temperature of 20 degrees C. Then de-ionized water was added to the lignin-rich composition, and the mixture was inserted into a blender and thoroughly mixed intermittently for 10 minutes to obtain a homogeneous slurry. The obtained slurry was then inserted into a mix tank (connected to the lignin conversion reactor) with constant agitation. The reactor was charged with 220 ml of water and sponge nickel catalyst and sealed. Then 150 sccm of hydrogen was inserted into the lignin conversion reactor at a temperature of 20 degrees C, to reach a pressure of 48.3 bar. The lignin conversion reactor was heated to a temperature corresponding to 90% of the reaction temperature and continuous flow of hydrogen was started into the lignin conversion reactor. The lignin conversion reactor was connected to a products receiver that was maintained at 25 degrees C. Then the temperature was increased to the reaction temperature and the flow of slurry comprised of lignin was introduced into the lignin conversion reactor, where the slurry flow rate was calculated for obtaining the residence time of the lignin feed in the reactor at the operating conditions. After a time corresponding to 3 residence times steady conditions were considered to be reached, and solid and liquid reaction products were collected into the receiver for a time corresponding to 1 residence time. The receiver was depressurized to atmospheric pressure, and the non-gaseous reaction products were extracted with methyl tert-butyl ether, filtered, and the liquid phases were separated by a separatory funnel to obtain the converted lignin stream.