Insulators Made Into Conductors: Transformed Into Materials That Could Dissipate Heat

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ScienceDaily (Mar. 9, 2010) — Most polymers -- materials made of long, chain-like molecules -- are very good insulators for both heat and electricity. But an MIT team has found a way to transform the most widely used polymer, polyethylene, into a material that conducts heat just as well as most metals, yet remains an electrical insulator.

The new process causes the polymer to conduct heat very efficiently in just one direction, unlike metals, which conduct equally well in all directions. This may make the new material especially useful for applications where it is important to draw heat away from an object, such as a computer processor chip. The work is described in a paper published on March 7 in Nature Materials.
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Already, the degree of conductivity they produce, if such fibers could be made in quantity, could provide a cheaper alternative to metals used for heat transfer in many applications, especially ones where the directional characteristics would come in handy, such as heat-exchanger fins (like the coils on the back of a refrigerator or in an air conditioner), cell-phone casings or the plastic packaging for computer chips. Other applications might be devised that take advantage of the material's unusual combination of thermal conductivity with light weight, chemical stability and electrical insulation.
http://www.sciencedaily.com/releases/2010/03/100307215542.htm

Muh.....This could bring some major changes if the material can be produced in quantity and is not overly costly.