Abstract: A catalyst comprising (1) a subgroup of a certain class of nickel and/or cobalt-substituted semicrystalline aluminosilicates which are synthetic and which are predominantly ordered in two directions (laminar clay-like materials); (2) tungsten in the form of its oxide and/or sulfide; and (3) a crystalline zeolite which has an alpha value of at least 20, which is in particulate form, and which is dispersed through the layered aluminosilicate; and processes using this catalyst.