Trinseo (TSE) Tops Q2 EPS by 16c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

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Go back to Trinseo (TSE) Tops Q2 EPS by 16c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

Auto suppliers retool to chase electric vehicle bonanza

August 1, 2018 8:13 AM EDT

By Nick Carey

ST. PAUL, Minn. (Reuters) - In what seems to be a magic trick, Dele Fayemi runs a batch of batteries in a beaker of boiling water - a physical impossibility that should cause a short circuit.

But instead of a highly-dangerous combination of water and electricity, the 3M Co (NYSE: MMM) engineer is testing the batteries in Novec, a non-flammable, non-conductive liquid the conglomerate has sold to cool supercomputers, and which it now aims to sell to automakers to cool batteries.

Maintaining a constant, low temperature helps electric... More