It is 20 years since the Dnepropetrovsk University

It is 20 years since the Dnepropetrovsk University of Alfred Nobel has been established

The main achievements of Alfred Nobel and roots of his success

The inventor of new explosive materials and an indisputable leader at the weapon market. n The blasting cap and dynamite, patented in 1863 and 1867, respectively - formed the basis for operations at Vinterviken n

n Many experiments had convinced Nobel that nitroglycerine was a source of progress. The truth was that there was very little knowledge about this volatile product.

n In 1864, Alfred Nobel was tragically confronted with its latent power. In an accidental explosion at Heleneborg his youngest brother Emil and several others were killed. As a consequence of the explosion, all manufacture of nitroglycerine was forbidden within the Stockholm city limits.

n Despite worries Alfred energetically pushed ahead with plans to restore the damaged family business. His foremost wish was to put blasting oil (the brand name for nitroglycerine) on the market and to win public confidence for it.

n In 1867 a safe explosive, which Alfred called dynamite was patented in Sweden. n The products were improved, and sales increased.

n Eventually, After Nobel's death in 1896, his shareholdings in Nitroglycerin Aktiebolaget as well as in all other Nobel companies around the world were liquidated, providing the financial basis for the Nobel Prizes.

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