The impact of single-bubble wake dynamics on the reaction-enhanced mass transfer and on the yield and selectivity of the cyclohexane oxidation reaction was studied using a two-dimensional CFD-reaction model that was developed by our group. Temperature and the concentrations of the (desired) intermediate and (undesired) final products of this autocatalytic reaction were the parameters of this study. Two bubble types were studied: (a) a circular bubble with closed wake, and (b) an elliptical bubble with an unsteady, vortex-shedding wake. The main results of our work are: (1) Film theory over-predicts reaction-enhanced mass transfer since the assumption of an average film thickness is not justified. In order to study fast reaction systems on a reactor scale using coarse-grid CFD codes, a full bubble model, or correlations based on it, should be incorporated as a sub-grid micro model. (2) The bubble wake does not contribute to mass transfer in systems where reaction rates are low. For fast reactions, the local mass transfer rate in the wake can increase by several thousand percent. (3) Vortex shedding causes qualitatively different mixing since patches rich in the dissolved gas are quickly convected away from the bubble. Bubbles that cause vortex shedding will lead to a significantly higher conversion per volume than spherical bubbles. (4) Parallel-consecutive reactions with a high liquid-phase reactant concentration and with reaction rates that depend in an identical way on the dissolved gas concentration, are not micro-mixing sensitive in terms of selectivity. Since bubble shapes and sizes can be controlled by changing operating and design parameters, the yield of this reaction can be controlled. (C) 2003 Elsevier Ltd. All rights reserved.