The invention relates to a process for producing hydrocarbon components, comprising: providing a feedstock comprising tall oil and terpene-based compounds; subjecting the feedstock and a hydrogen gas feed to a hydroprocessing treatment in the presence of a hydroprocessing catalyst to produce hydrocarbon components including n-paraffins, and subjecting the hydrocarbon components including n-paraffins to isomerisation in the presence of a dewaxing catalyst to form a mixture of hydrocarbon components. The invention also relates to an apparatus for implementing the process. The invention further relates to a use of the hydrocarbon components produced by the process as a fuel or as an additive in fuel compositions. The invention also relates to a use of a NiW catalyst on a support selected from Al2O3, zeolite, zeolite-Al2O3, and Al2O3—SiO2 for producing fuel or an additive for fuel compositions from a feedstock comprising tall oil and terpene-based compounds.