In 1996, the ISCRE Board of Directors established the Neal R. Amundson Award for Excellence in Chemical Reaction Engineering. This award recognizes a pioneer in the field of Chemical Reaction Engineering who has exerted a major influence on the theory or practice of the field, through originality, creativity, and novelty of concept or application. The award is made every three years at an ISCRE meeting, and consists of a Plaque and a check in the amount of $5000. The Amundson Award is generously supported by a grant from the ExxonMobil Corporation.  Winners of the award include:
* 1996: Neal Amundson, Professor - University of Minnesota, University of Houston
* 1998: Rutherford Aris, Professor - University of Minnesota
* 2001: Octave Levenspiel, Professor - Oregon State University
* 2004: Vern Weekman, Mobil
* 2007: Gilbert Froment, Professor - Ghent University, Texas A&M University
* 2010: Dan Luss, Professor - University of Houston
* 2013: Lanny Schmidt, Professor - University of Minnesota
* 2016: Milorad P. Dudukovic, Professor - Washington University
* 2019: W. Harmon Ray, Professor - University of Wisconsin
* 2022: Announced at NASCRE-5