Multi-waited carbon nanotubes have been produced with high yield on an iron supported catalyst by catalytic chemical vapor deposition in a fluidized bed reactor. The choice of such a technique allows to reach high selectivity towards the desired material. A remarkable feature of this process is the huge bed expansion observed during the nanotubes growth that affects the fluidization regime due to the evolution of the apparent density of the composite powder. The catalytic powder, the composite material and the purified nanotubes have been analysed by SEM, TEM and BET nitrogen adsorption. (C) 2003 Elsevier Ltd. All rights reserved.