In this work we present an extension of the statistical associating fl
uid theory (SAFT) developed for associating fluids by applying this ex
tension to polymer solutions and blends. The polymer molecule is model
ed as a flexible chain made of bonded spherical segments. These segmen
ts interact with the Lennard-Jones potential. The extension of SAFT is
compared with molecular simulation results for polymer solutions and
blends. Since the same force model is used in the simulation and theor
y, this comparison is a strong test of the assumptions made in derivin
g the theory. Results are presented for pure polymers of up to 50 segm
ents long, polymer solutions of a polymer 20 segments long dissolved i
n its own monomer, and blends of polymers of 25 segments each. The the
ory produces results that are in better agreement with simulation resu
lts than the Flory-Huggins theory for the systems studied.