The invention relates to a twin screw extruder for preparing a polymeric solution. The extruder includes an elongated housing having an inlet end, an outlet end, an extruder shaft length L and a pair of interconnecting bores disposed within the housing, a pair of elongated extruder shafts, each having an axis of rotation, the pair of elongated extruder shafts disposed within the pair of interconnecting bores and drivable in at least one direction of rotation, a plurality of extruder screw segments positioned along the pair of elongated extruder shafts in a fixed angular relationship therewith, the plurality of extruder screw segments selected to form multiple extruder stages. The invention also relates to a process for extruding a mixture of polymer and diluent.