RIPP has developed the third generation novel DCC catalysts aimed at increasing the propylene yield, named as the MMC series catalysts. This catalyst is of the MFI structure composed of the ZSP zeolite as the main active component, which has higher capability for producing low-carbon olefins, in particular the propylene. The commercial application of this catalyst at SINOPEC Anqing Petrochemical Company has revealed that the adoption of the MMC-2 catalyst has resulted in a 1.6-4.0 percentages increase in propylene yield under basically similar conditions in terms of the feedstock property and process operating regime coupled with reduction in gasoline olefin content and increase in aromatic content to improve the gasoline quality.