A process for removing substantial quantities of volatile liquid e.g. hydrocarbon from a mixture of polymer and such liquid is provided. This process consists of the initial step of introducing the mixture, and a liquid which is immiscible with the polymer, into a mixing/kneading zone provided with heated heat transfer surfaces having a temperature higher than the boiling point of the lowest boiling liquid component in the mixing/kneading zone. The mixture and the immiscible liquid are subjected to a period of continuous mixing and kneading within the mixing/kneading zone, to bring the mixture into continuously moving contact with the heat transfer surfaces. During this period of continuous mixing/kneading, the heated heat transfer surfaces are repeatedly mechanically cleaned to prevent buildup of solid polymer thereon.; Volatilized liquid is vented from the mixing/kneading zone during the period of continuous mixing and kneading, and the polymer and residual liquid is subsequently discharged from the mixing/kneading zone.