Implementations of the disclosed subject matter provide a process for producing ethylene glycol from a carbohydrate feed. The process may include contacting, in a reactor under hydrogenation conditions, the carbohydrate feed with a bi-functional catalyst system which may include a heterogeneous hydrogenation catalyst including a magnetically active metal, and a soluble retro-Aldol catalyst including tungstate. A liquid effluent stream may be obtained from the reactor and may include hydrogenation catalyst particles and tungsten oxide precipitate particles. The hydrogenation catalyst particles may be magnetically separated from the tungsten oxide precipitate particles in the liquid effluent stream using a magnet in a separation vessel. The separated hydrogenation catalyst particles may be retained in a separation zone in the separation vessel and may be subsequently removed from the separation zone. A liquid product stream may be obtained from the separation vessel and may include the tungsten oxide precipitate particles and ethylene glycol.