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Why was Otto Paul Hermann Diels awarded Noble Prize in 1950?

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Why was Otto Paul Hermann Diels awarded Noble Prize in1950?The German chemist Otto Paul Hermann Diels was born. His most notable work was on the Diels-Alder reaction, a method for diene synthesis that he co-developed with Kurt Alder. In 1950, both of them were given the Nobel Prize in Chemistry for their work. Their method to synthesize cyclic organic compounds proved valuable for manufacturing synthetic rubber and plastic.

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