A multi-bed catalytic converter comprising: a plurality of catalytic beds which are traversed in series by a process gas, sequentially from a first catalytic bed to a last catalytic bed of said plurality, and at least one inter-bed heat exchanger (7) positioned between a first catalytic bed and a second catalytic bed of said plurality, wherein at least the last catalytic bed of said plurality is adiabatic and is made of fine catalyst with a particle size not greater than 2 mm.