• Korea Trade Review
• /
• v.46 no.2
• /
• pp.19-38
• /
• 2021

This study aims to analyze the foreign asset leverage effect on Korean oil & gas companies' foreign profits and to maintain the appropriate foreign asset volume for reducing exchange risk. For a long time, large Korean companies, including oil companies, overheld foreign currency liabilities. For this reason, most large companies have been burdened to hedge exchange risk and this excess limit holding deteriorated total profit and reduced foreign currency asset management efficiency. Our paper proceeds in presenting a three-stage analysis considering diversified exchange risk factors through estimation on transformation of foreign transactions a/c including annual trends of foreign asset and industry specifics. We also supplement incomplete the estimation method through a practical hedging case investigation. Our research parts are differentiated on the analyzing four periods considering period-specifics The FER value of the oil firms ranged from -0.3 to +2.3 over the entire period. The results of the FER Value are volatile and irregular; those results do not represent the industry standard comparative index. The Korean oil firms are over the credit limit without accurate prediction and finance high interest rate funds from foreign-owned banks on the basis on a biased relationship. Since the IMF crisis, liabilities of global firms have decreased. Above all, oil firms need to finance a minimum limit without opportunity losses on the demand forecast and prepare for uncertainty in the market. To reduce exchange risk from the over-the-limit position, we must consider factors that affect the corporate exchange risk on the entire business process, including the contract phase.

• KSII Transactions on Internet and Information Systems (TIIS)
• /
• v.18 no.1
• /
• pp.192-210
• /
• 2024

Most frequency-domain remote sensing image watermarking algorithms embed watermarks at random locations, which have negative impact on the watermark invisibility. In this study, we propose an adaptive watermarking scheme for remote sensing images that considers the information complexity to select where to embed watermarks to improve watermark invisibility without affecting algorithm robustness. The scheme converts remote sensing images from RGB to YCbCr color space, performs two-level DWT on luminance Y, and selects the high frequency coefficient of the low frequency component (HH^Y₂) as the watermark embedding domain. To achieve adaptive embedding, HH^Y₂ is divided into several 8*8 blocks, the entropy of each sub-block is calculated, and the block with the maximum entropy is chosen as the watermark embedding location. During embedding phase, the watermark image is also decomposed by two-level DWT, and the resulting high frequency coefficient (HH^W₂) is then embedded into the block with maximum entropy using α- blending. The experimental results show that the watermarked remote sensing images have high fidelity, indicating good invisibility. Under varying degrees of geometric, cropping, filtering, and noise attacks, the proposed watermarking can always extract high identifiable watermark images. Moreover, it is extremely stable and impervious to attack intensity interference.

• The Korean Journal of Pesticide Science
• /
• v.8 no.1
• /
• pp.38-45
• /
• 2004

To elucidate the photolysis characteristics of the insecticide imidacloprid in the environment, $[^{14}C]$imidacloprid was treated into water and paddy soil-water system. In water system, the amount of $^{14}C$-radioactivity distributed in aqueous phase was rapidly increased up to 80% of total $^{14}C$ in water during 7 days of exposure to sunlight. Also, the amounts of imidacloprid in water at day 0 and 3 days after treatment were 1.2461 and 0.8594 mg/kg, respectively, not being detected 7 days after treatment, indicating rapid degradation of imidacloprid in water by sunlight. One photodegradation product, imidacloprid urea, in which the $N-NO_2$ moiety of imidacloprid was replaced by oxygen, was detected from water in water and water-paddy systems. The amount of the metabolite detected from water in water system was 0.0112 mg/kg 1 day after treatment and reached the top concentration of 0.0391 mg/kg 7 days after treatment. In case of water-paddy system, its amount was 0.0117 mg/kg 1 day after treatment and reached the highest concentration of 0.0259 mg/kg 3 days after treatment. Rapid transformation of imidacloprid into polar compounds continued until 7 days after treatment, considering that 80% of $^{14}C$ in water distributed in aqueous phase 7 days after treatment, amount of imidacloprid was 1.6538 mg/kg at day 0 and 0.8785 mg/kg 1 day after treatment, not being detected after 15 days, indicating rapid degradation of imidacloprid in water-paddy soil system by sunlight. The direct degradation of imidacloprid to imidacloprid urea would be a major photodegradation pathway in water and water-paddy soil systems.

• Journal of the Mineralogical Society of Korea
• /
• v.26 no.1
• /
• pp.9-18
• /
• 2013

In order to optimize the gold leaching process from refractory sulfide concentrate, a chlorine-hypochlorite solution with varying concentrations and temperatures were applied to salt-roasted concentrate. The concentrate consisted of pyrite, chalcopyrite, and galena, which were turned into hematite through air-roasting at $750^{\circ}C$. Also these concentrates were changed into hematite and nantokite (CuCl)) through salt (NaCl)-roasting at $750^{\circ}C$. The results of the gold leaching experiments showed that the best gold leaching parameters were obtained when the hydrochloric acid-sodium hypochlorite mix was at a ratio of 1 : 2, the added concentration was 1.0 M concentration, the pulp density was 1.0%, and the leaching was done at a $60^{\circ}C$ leaching temperature. The leaching rate for gold was much greater in the roasted concentrate than in the raw concentrate. The leaching rate was greater in the salt-roasted concentrate than in the plain roasted concentrate too. From XRD analysis, quartz was found in the salt-roasted concentrate and in the solid residue from the chlorine-hypochlorite leaching solution at $60^{\circ}C$.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.11 no.6
• /
• pp.1943-1948
• /
• 2010

Two kind of $\beta$-SiC powders of different particle sizes (${\sim}1.7\;{\mu}m$ and ${\sim}30\;nm$), containing 7 wt% $Y_2O_3$, 2 wt% $Al_2O_3$ and 1 wt% MgO as sintering additives, were prepared by hot pressing at $1800^{\circ}C$ for 1 h under applied pressures, and then were hot-forged at $1950^{\circ}C$ for 6 h under 40 MPa in argon. All the hot-pressed specimens consisted of equiaxed grains and were developed grain growth after hot-forging. The smaller starting powder was developed the finer microstructure. The microstructures on the surfaces parallel and perpendicular to the pressing direction of the hot-forged SiC were similar to each other, and no texture development was observed because of the lack of massive $\beta$ to $\sigma$ phase transformation of SiC. The fracture toughness (${\sim}3.9\;MPa{\cdot}m^{1/2}$), hardness (~ 25.2 GPa) and flexural strength (480 MPa) of hot-forged SiC using larger starting powder were higher than those of the other.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.11 no.8
• /
• pp.2968-2974
• /
• 2010

Nowadays, the PV systems have been focused on the grid connection between the power source and the grid. The PV inverter can be considered as the core of the whole system because of an important role in the grid-interfacing operation. An important issue in the inverter control is the load current regulation. In the literature, Proportional Integral (PI) controller, which is normally used in the current-controlled Voltage Source Inverter (VSI), cannot be a satisfactory controller for an AC system because of the steady-sate error and the poor disturbance rejection, especially in high-frequency range. Compared with conventional PI controller, Proportional Resonant (PR) controller can introduce an infinite gain at the fundamental frequency of the AC source; hence it can achieve the zero steady-state error without requiring the complex transformation and the de-coupling technique. Theoretical analyses of both PI and PR controller are presented and verified by simulation and experiment. Both controller are implemented in a 32-bit fixed-point TMS320F2812 DSP processor and evaluated on a 3kW experimental prototype PV Power Conditioning System (PCS). Simulation and experimental results are shown to verify the controller performances.

• Journal of the Korean Ceramic Society
• /
• v.39 no.5
• /
• pp.438-445
• /
• 2002

In this study, the glass frit of $PbO-TiO-2-SiO_2-BaO-ZnO-Al_2O-3-CaO-B_2O_3-Bi_2O_3-MgO$ system was manufactured. The glass was melted at $1,400{\circ}C$, quenched and attrition-milled. The glass frit powder was pressed and fired for 2h at the range of $750~1,000{\circ}C$. The crystallization of glass frit began at about $750{\circ}$ and at low temperature, the main crystal phases were hexagonal celsian($BaAl_2Si_2O_8$) and alumina. As the firing temperature increased, the crystal phases of monoclinic celsian, zinc aluminate, zinc silicate, calcium titanium silicate and titania appeared. And the increase of firing temperature led to transformation of hexagonal celsian to monoclinic. The only glass frit containing 15wt% PbO had the crystal phase of solid solution of $PbTiO_3-CaTiO_3$. At the frequency of 1 MHz, the dielectric constant of glass frit crystallized was in the range of 11~16 and the dielectric loss less than 0.020. But the glass frit containing 15wt% PbO had the dielectric constant of 17~26 and loss of 0.010~0.015 because of crystal phase of solid solution of $PbTiO_3-CaTiO_3$.

• Journal of the Mineralogical Society of Korea
• /
• v.29 no.3
• /
• pp.131-139
• /
• 2016

Detailed knowledge on maskelynite, a glassy phase of plagioclase found in shocked meteorites and impact craters, is essential to understand a shock metamorphism. Here, we explore an inhomogeneous shock metamorphism in the lunar meteorite Mount DeWitt (DEW) 12007 with an aim to understand the formation mechanism of maskelynite. Most plagioclase grains in the DEW 12007 partially amorphized into maskelynite with a unidirectional orientation. Back-scattered electron (BSE) images of maskelynite show a remnant of planar deformation fracture possibly indicating that the maskelynite would be formed by solid-state transformation(i.e., diaplectic glass). Plagioclase with flow texture is also observed along the rim of maskelynite, which would be a result of recrystallization of melted plagioclase. Results of Raman experiments suggest that shock pressure for plagioclase and maskelynite in the DEW 12007 is approximately 5-32 GPa and 26-45 GPa, respectively. The difference in shock pressures between plagioclase and maskelynite can be originated from 1) external factors such as inhomogeneous shock pressure and/or 2) internal factors such as chemical composition and porosity of rock. Unfortunately, Raman spectroscopy has a limitation in revealing the detailed atomic structure of maskelynite such as development of six- or five-coordinated aluminum atom upon various shock pressure. Further studies using nuclear magnetic resonance spectroscopy are necessary to understand the formation mechanism of maskelynite under high pressure.

• Journal of the Korean institute of surface engineering
• /
• v.29 no.6
• /
• pp.809-815
• /
• 1996

$Y_2O_3$-based metal-insulator-semiconductor (MIS) structure on p-Si(100) has been studied. Films were prepared by UHV reactive ionized cluster beam deposition (r-ICBD) system. The base pressure of the system was about $1 \times 10^{-9}$ -9/ Torr and the process pressure $2 \times 10^{-5}$ Torr in oxygen ambience. Glancing X-ray diffraction(GXRD) and in-situ reflection high energy electron diffracton(RHEED) analyses were performed to investigate the crystallinity of the films. The results show phase change from amorphous state to crystalline one with increasingqr acceleration voltage and substrate temperature. It is also found that the phase transformation from $Y_2O_3$(111)//Si(100) to $Y_2O_3$(110)//Si(100) in growing directions takes place between $500^{\circ}C$ and $700^{\circ}C$. Especially as acceleration voltage is increased, preferentially oriented crystallinity was increased. Finally under the condition of above substrate temperature $700^{\circ}C$ and acceleration voltage 5kV, the $Y_2O_3$films are found to be grown epitaxially in direction of $Y_2O_3$(1l0)//Si(100) by observation of transmission electron microscope(TEM). Capacitance-voltage and current-voltage measurements were conducted to characterize Al/$Y_2O_3$/Si MIS structure with varying acceleration voltage and substrate temperature. Deposited $Y_2O_3$ films of thickness of nearly 300$\AA$ show that the breakdown field increases to 7~8MV /cm at the same conditon of epitaxial growing. These results also coincide with XPS spectra which indicate better stoichiometric characteristic in the condition of better crystalline one. After oxidation the breakdown field increases to 13MV /cm because the MIS structure contains interface silicon oxide of about 30$\AA$. In this case the dielectric constant of only $Y_2O_3$ layer is found to be $\in$15.6. These results have demonstrated the potential of using yttrium oxide for future VLSI/ULSI gate insulator applications.

• Journal of the Mineralogical Society of Korea
• /
• v.24 no.2
• /
• pp.101-110
• /
• 2011

Charcoal burning in the process of manufacture and ordinary use often release many constituent chemical species. As a result of open burning, the chemical composition as well as the physical properties of original material changes through the modification of surface properties of charcoal. Surface modification could be more responsible toward the outside elements for surface adsorption, it becomes easy to adsorb more toxic elements through surface adsorption. In this study, four kinds of commercially available charcoal were studied against the chemical and thermal stability along with the heavy metals and organic hazardous substances. Thermo gravimetric analysis (TGA) and differential scanning calorimetry, from room temperature to $400^{\circ}C$, were performed to study the weight loss and the changes in the behavior of those substances. According to TGA analysis, about 10% of weight loss was happened before $200^{\circ}C$. It was found that related weight loss of this temperature region may responsible to the gas phase organic matter. Natural charcoal, K1 and C1 show 15% of loss during the reaction heated to $400^{\circ}C$, while the artificial charcoal K2, C2 show the weight loss of about 20% was found. This is consistent with the main organic matter and VOC analysis results shown. Chemical composition based on the x-ray diffraction analysis was carried out. X-ray diffraction analysis reveals the existence of chemical additive in the forms of $Ba(NO_3)_2$, $BaCO_3$, and $NaNO_3$.