After the death of his younger brother Emil in an 1864 nitroglycerin explosion at the family's armaments factory in Heleneborg, Stockholm, Nobel founded Nitroglycerin AB in Vinterviken, Stockholm.
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Dynamit Nobel AG is a German chemical and weapons company whose headquarters was in Troisdorf.
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He spent much of the Second World War in Bratislava as a director of Dynamit-Nobel-Fabrik and other Czechoslovakian chemical companies that had been brought under the IG Farben umbrella by the Nazis.