How does the application of chemical engineering principles contribute to the design and optimization of processes involved in the production of chemicals, pharmaceuticals, materials, and energy? Explore the fundamental theories governing mass and energy transfer, thermodynamics, reaction kinetics, and process control, emphasizing their significance in designing efficient and sustainable chemical processes. Investigate how theoretical models guide the development of novel materials, catalysts, and reactors to enhance reaction rates, selectivity, and yield. Additionally, analyze the role of computational methods and simulation techniques in predicting and optimizing process performance, ensuring safety, and minimizing environmental impact in chemical engineering practices.