Highly disordered carbon nanotube is obtained through a catalytic thermal chemical vapor deposition method, especially, using the floating reactant method. The results of annealing highly disordered carbon nanotube are (1) removal of metallic compounds, (2) structural conversion into multi-wall carbon nanotube with a little faceted cross-section, and (3) development of a tug morphology in carbon nanotubes. The characteristic observed in annealed multi-wall carbon nanotubes make them useful as a filler in advanced composite. (C) 2003 Elsevier B.V. All rights reserved.