With their experiences and resources from the mechanical factory in St Petersburg, the Nobel brothers introduced new technology for extracting and refining oil. By organising the whole activity as one continuous system they were able to increase production while also reducing costs.
Petrochemical production on a grand scale
In the 1880s, Branobel’s business in the Baku oil trade grew quickly, and Ludvig Nobel assumed various responsibilities in bodies organising many companies in the Baku petrochemical industry. The production figures of Branobel rocketed.