Daily Stock Setups

S. KOREAN ENGINEERS FIND WAY TO MAKE SAFE LITHIUM BATTERY

Posted on: Mon, 16 Nov 2009 21:53:00 EST

Symbols: ERC

Are you looking to increase your ETF knowledge?

SEOUL, Nov 17, 2009 (AsiaPulse via COMTEX) --
ERC | Quote | Chart | News | PowerRating -- South Korean engineers have
developed a new technology for making safe rechargeable lithium
batteries used in cell phones, laptop computers and
electricity-driven cars, a state-run laboratory said Tuesday.

The Korea Atomic Energy Research Institute (KAERI) said its
engineers have come up with the technology for a new
"separator" that is resistant to external heat and impact. High
temperatures and weakness to impact have been cited for causing
fires and explosions in battery cells in the past.

A conventional rechargeable battery separator is made of
porous polyethylene that ordinarily facilitates the flow of
lithium ions generated by the positive side of a battery to the
negative side which creates electric power. It can also act as
an electric insulator if there is a problem in the battery
cell.

KAERI said the new separator, made by mixing polyethylene,
nano-alumina and flourine-based resin and subjecting this
compound to radiation, has effectively overcome weaknesses of
existing batteries.

"Tests showed that the new separator maintains its ability
to act as an electric insulator even if subject to heat of 150
degrees Celsius and considerable outside impact," a press
release by the laboratory said.

It added that normal polyethylene separators on the whole
lost their ability to act as insulators if subject to such
conditions.

The laboratory said it has applied for two separate
intellectual property rights patents for the new discovery.

South Korea uses 30 per cent of all lithium batteries made
in the world, with its domestic market expected to top 350
billion won (US$303 million) in 2010. The global market could
reach one trillion won next year.

(Yonhap) rw

For full details on Evergreen Managed Inc Fd (ERC) ERC. Evergreen Managed Inc Fd (ERC) has Short Term PowerRatings at TradingMarkets. Details on Evergreen Managed Inc Fd (ERC) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.