This book describes the fundamentals of fast liquid-phase chemical reactions and the principles of their scientific foundation, technical implementation and industrial application of new technologies. In addition, the equipment required to perform these reactions, in a turbulent mode in the chemical, petrochemical and petroleum industries, is also discussed. The macrokinetic approach has been developed with consideration of the diffusion, hydrodynamics, and heat transfer processes. Due to the advancement of fundamental knowledge, equations of practical engineering importance have been obtained for the calculations of mass and heat transfer processes carried out in conditions of high turbulence, and developed for the implementation in fast chemical reactions involving the synthesis of low molecular weight products and polymers. New methods for controlling the molecular characteristics of polymers have been developed based on the tailored regulation of the hydrodynamics of the reactive...