A process comprising polymerizing an olefin monomer optionally together with an olefin comonomer in the presence of a polymerization catalyst in a diluent in a loop reactor which comprises at least 2 horizontal sections and at least 2 vertical sections to produce a slurry comprising solid particulate olefin polymer and the diluent wherein the Froude number in at least 20% of the length of the vertical sections of the reactor loop is less than 85% of the Froude number in at least 20% of the length of the horizontal sections of the loop is disclosed.