The Nobel Prize in Chemistry is one of five original Nobel Prizes awarded annually - the Chemistry prize being awarded by the Royal Swedish Academy of Sciences in Stockholm, Sweden. It was first awarded in 1901 to Jacobus Henricus van ‘t Hoff “in recognition of the extraordinary services he has rendered by the discovery of the laws of chemical dynamics and osmotic pressure in solutions”.
Chemistry was the most important science for Alfred Nobel's own work. The development of his inventions as well as the industrial processes he employed were based upon chemical knowledge. Chemistry was the second prize area that Nobel mentioned in his will.
"The said interest shall be divided into five equal parts, which shall be apportioned as follows: /- - -/ one part to the person who shall have made the most important chemical discovery or improvement..." (Excerpt from the will of Alfred Nobel.)
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