We consider a diffuse interface model for an incompressible binary viscoelastic fluid flow. The model consists of the Navier–Stokes–Voigt equations where the instantaneous kinematic viscosity has been replaced by a memory term incorporating hereditary effects coupled with the Cahn–Hilliard equation with Flory–Huggins potential. The resulting system is subject to no‐slip condition for the (volume averaged) fluid velocity u$$ mathbf{u} $$ and to no‐flux boundary conditions for the order parameter ϕ$$ phi $$ and the chemical potential μ$$ mu $$. We first establish the well‐posedness of the initial and boundary value problem. Then, taking advantage of an Ekman‐type damping, we obtain a dissipative estimate. Thus, we can define a dissipative dynamical system on a suitable phase space. Also, we show that any weak solution is such that ϕ$$ phi $$ regularizes in finite time, and in dimension two, it stays uniformly away from pure phases; that is, the instantaneous strict separation property holds. Finally, we prove the existence of the global attractor, and exploiting the strict separation property, we demonstrate that an exponential attractor exists in dimension two.
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