Refractory nanoparticles are finding broad application in manufacturing of materials with enhanced physical properties. Production of carbide, nitride, and carbonitride nanopowders in high volumes is possible in the multijet plasmachemical reactor, where temperature and velocity distributions in reaction zone can be controlled by plasma jet collision angle and mixing chamber geometry. A chemical reactor with three Direct Current (DC) arc plasma jets intersecting at one point was applied for titanium carbonitride synthesis from titanium dioxide, propane-butane mixture, and nitrogen. The influence of process operational parameters on the product chemical and phase composition was investigated. Mixing conditions in the plasma jet collision zone, particles residence time, and temperatures were evaluated with the help of Computational Fluid Dynamics (CFD) simulations. The synthesized nanoparticles have predominantly cubic shape and dimensions in the range 10-200 nm. Phase compositions were represented by oxycarbonitride phases. The amount of free (not chemically bonded) carbon in the product varied in the range 3-12% mass, depending on synthesis conditions.