“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 ...”Nobel Laureate Harold Kroto
(Excerpt from the will of Alfred Nobel)
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.
In 1901 the very first Nobel Prize in Chemistry was awarded to Jacobus H. van 't Hoff for his work on rates of reaction, chemical equilibrium, and osmotic pressure. In more recent years, the Chemistry Laureates have increased our understanding of chemical processes and their molecular basis, and have also contributed to many of the technological advancements we enjoy today.
The Nobel Prize in Chemistry is awarded by the Royal Swedish Academy of Sciences, Stockholm, Sweden.