Chemical Reaction Engineering
A space time of 3 hours for a flow reactor means that

Three reactor volumes of feed can be processed every hour
Conversion is cent per cent after three hours
It takes three hours to dump the entire volume of the reactor with feed
The time required to process one reactor volume of feed (measured at specified conditions) is 3 hours

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Chemical Reaction Engineering
In solid catalysed reactions the diffusional effects are more likely to affect the overall rate of reaction for

Slow reactions in catalyst of small pore diameter
Slow reactions in catalyst of large pore diameter
Fast reaction in catalyst of large pore diameter
Fast reactions in catalyst of small pore diameter

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