Hybrid catalyst for selective and stable olefin production

A process for preparing C2 to C5 olefins, comprising:

• introducing a feed stream comprising hydrogen and at least one carbon-containing component selected from the group consisting of CO, CO2, and mixtures thereof into a reaction zone;
• contacting the feed stream with a hybrid catalyst in the reaction zone to synthesize C2 to C5 olefins, wherein the hybrid catalyst comprises a methanol synthesis component and a solid microporous acid component that is selected from molecular sieves having 8-MR access and having a framework type selected from the group consisting of the following framework types CHA, AEI, AFX, ERI, LTA, UFI, RTH, and combinations thereof, the framework types corresponding to the naming convention of the International Zeolite Association, wherein the methanol synthesis component comprises a metal oxide support and a metal catalyst, wherein the metal oxide support comprises titania, zirconia, hafnia or mixtures thereof, and the metal catalyst comprises zinc;
• and
• forming a product stream that exits the reaction zone, wherein the product stream comprises C2 to C5 olefins.