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The Royal Swedish Academy of Sciences has announced the Nobel Prize in Chemistry for this year, with the winner's name to be revealed today, Wednesday, in Stockholm. The award recognizes the development of metal-organic frameworks, making it the third Nobel Prize announced this year after Physics and Physiology or Medicine. The prizes are part of honoring their founder, Alfred Nobel. The monetary value of each award this year is 12 million Swedish kronor (approximately one and a half million dollars), and they will be presented on December 10th in remembrance of Nobel's passing.
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