Latest Forum Topics /
Metech Intl
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For_The_Next_Leg
Master |
11-Jun-2022 14:06
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$MetechIntl(V3M.SI)
 
In an inflationary environment, lab-grown diamonds might become the better choice. And if it becomes the norm, jewellery might be cheaper in future.
 
https://sg.finance.yahoo.com/news/this-bespoke-jeweller-says-lab-grown-diamonds-are-60-cheaper-than-mined-ones-024053195.html
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Everyday
Elite |
10-Jun-2022 21:19
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Today' s Replacement Response to Sgx query(replacing yesterday' s) : https://links.sgx.com/1.0.0/corporate-announcements/MHHQR10GIJW4CH1T/0cf4b45785cd040375016f7907fb4b2a940abbc70566691043529985986c058e#   |
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Everyday
Elite |
10-Jun-2022 11:03
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April 21st Metech reply on the progress of the factory (fr Sgx query Question 2) (c) The machines are in the process of setting up and commissioning with production in testing stage concurrently. The JV Company is committed to commence mass production soonest possible upon completion of the commissioning of the machines and testing. To clarify, the JV Company, as a subsidiary of the Company, paid for and owns the specialised machines. The acquisition of the specialised machines of RMB 22 million was supported by the Group and XDC in proportion to their equity in JV Company. The trade secret, which refers to the technology used to manufacture lab-grown diamonds, was attached to acquisition, and the specialised machines sold to JV Company. This trade secret was separately granted under a patent licensing agreement entered into between the JV Company and a wholly-owned subsidiary of XDC, which was announced on 27 January 2022. No license fee is payable under the patent licensing agreement. The specialised machines were purchased by the JV Company from XDC. As the Company holds 51% stake in the JV Company and has the right to appoint a majority number of representatives to the JV Company&rsquo s board, it is expected to consolidate 51% of JV Company&rsquo s profit/loss into its group consolidated financials. As announced on 4 February 2022, the lab-grown diamond segment contributed S$1.06 million revenue and S$18,000 profit to the Group&rsquo s consolidated financials for the first six months ended 31 December 2021 since the JV Company was incorporated on 27 September 2021. As disclosed in Section 2.4.1 of the Circular, Ms. Samantha Hua Lei and Mr. Ling Ee Dee who are currently the CEO and Group Financial Controller represent the Company on the JV Company&rsquo s management and board. As disclosed in announcement dated 28 December 2021, XDC was introduced to the Company by one of the substantial shareholders. To clarify, this substantial shareholder is Mr. Wu Yongqiang. |
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Everyday
Elite |
10-Jun-2022 10:51
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An interesting part of the answer to the query (construction of new manufacturing facility) :   Question 4:  What are the Company& rsquo s plans with regards to the JV after the acquisition of the shares in XDC. Company& rsquo s Response: The JV Company will continue to carry out its business of manufacturing and distribution of lab-grown diamonds. As mentioned in the announcement dated 9 June 2022, in furtherance of its plan to expand the manufacturing capacity of lab-grown diamonds, the Company has entered into a non-binding term sheet to acquire a site (held by a company) for the construction of new manufacturing facilities.    Hope Metech clarify......is the current factory at Kallang completed and in production ?  |
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Everyday
Elite |
10-Jun-2022 08:02
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Response to Sgx queries ( on sgx Co announcement last night) https://links.sgx.com/1.0.0/corporate-announcements/UYJ3DCUIMTB6IKI2/d3002f57a9f97d8f948246a85b7474706423240d042039314bb6f6c0d7979805 1 METECH INTERNATIONAL LIMITED (Company Registration No. 199206445M) (Incorporated in the Republic of Singapore) RESPONSE TO SGX QUERIES The Board of Directors (the &ldquo Board&rdquo ) of Metech International Limited (the &ldquo Company&rdquo ) refers to the queries from the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) on 6 May 2022 regarding announcements on 18 April 2022 and 2 June 2022 and wishes to respond to the queries as set out below. Unless otherwise defined, capitalised terms have the same meaning ascribed to them in the announcement dated 18 April 2022 and 2 June 2022. Question 1: We note from the announcement that valuation of the consideration at $0.20 which is at a 5.26% discount over the VWAP of the shares based on trades done on 2 June 2022. - Please provide more information on the bases and justification on how the valuation / consideration is arrived at. - The Company announced that the &ldquo share price was agreed following arm&rsquo s length negotiations between the Company and Deng YiMing (&ldquo DYM&rdquo ).&rdquo Please provide the board&rsquo s assessment on bases of the share price which was arrived at the arm&rsquo s length negotiations. Company&rsquo s Response: The Initial Valuation / Sale Shares Consideration was arrived at after negotiation between, then Parties with reference to an acquisition offer received by XDC from a third party in the past. As disclosed in the announcement dated 2 June 2022, the value of the entire issued share capital of XDC would be based on the independent valuation conducted by a reputable independent valuer appointed by the Company. The formal negotiations took place between 23 May 2022 and 2 June 2022 (i.e. date of signing of SPA) and the Parties agreed that the price of the share would not be more than 10% discount to the volumeweighted average price (the &ldquo VWAP&rdquo ) from 23 May 2022 to the date of the SPA. After negotiations, the Parties agreed on $0.20 which is 6.54% discount to the VWAP. Tthe Board is of the view that such price of the share is reasonable by taking guidance from Rule 811(1) of the Catalist Rules which requires shareholders' approval if the discount is more than 10%. Question 2: Please provide an assessment of the impact of the Acquisition on the Company with respect to the following: - The Joint venture, Asian Eco Technology Pte. Ltd (the &ldquo JV&rdquo ) between the Company&rsquo s subsidiary, Asian Green Tech Pte Ltd and XDC - Does the Company have the expertise and experience to manage XDC and the JV? - The non-exercise of the Right of First Refusal (the &ldquo Rights&rdquo ) granted by XDC to the Company with regards to acquiring XDC&rsquo s stake in the JV as announced on 18 April 2022. In addition , please elaborate on what the Board had considered on 18 April 2022 and now, and what has changed during the interim. 2 Company&rsquo s Response: - The Joint venture, Asian Eco Technology Pte. Ltd (the &ldquo JV&rdquo ) between the Company&rsquo s subsidiary, Asian Green Tech Pte Ltd and XDC The Acquisition will enable the Company to, amongst others, manage the development of XDC&rsquo s business, integrate XDC&rsquo s business in the Group&rsquo s new business segment fully and factor in the financial performance of XDC. The Board believes that the synergistic values brought by the addition of XDC&rsquo s business and assets to the Group will enhance the Group&rsquo s lab-grown diamond business. As mentioned in the announcement dated 2 June 2022, DYM is the key personnel in charge of handling the lab-grown diamond production and business. Following the completion of the Acquisition, DYM will likely become a controlling shareholder of the Company (depending on the final valuation of XDC) and it is proposed that DYM will be appointed as an executive director of the Company. This will align his interests with that of the Group and enable him to take a leadership role to directly manage, develop and strategize the Group&rsquo s lab-grown diamond business. The Company believes that the synergy between the Company, XDC and the JV Company would be strengthened by appointing DYM as the Company&rsquo s Executive Director. All in all, the Company expects the Acquisition to further enhance the lab-grown business by tapping on technical resources, innovation and technology, intellectual property and business and sales network of the XDC Group. The Company aims to develop a full-service line and one-stop shop as regards its lab-grown diamond business, from manufacturing to distributing lab-grown diamonds, in order to achieve more bargaining power with future customers, distributors, suppliers and business partners. As lab-grown diamonds are created without the need for mining, they are a more sustainable production of diamonds and aligned with the Group' s environmental and sustainability business model. This is also in line with the Group' s strategy to expand into the environmental and sustainability business. - Does the Company have the expertise and experience to manage XDC and the JV? The Company expects no changes in management of XDC, save that DYM will join the Company as Executive Director after completion of the Acquisition and manage the lab-grown diamond business via the Company. As disclosed in Section 2.4.2 of Circular published on SGXNET on 24 December 2021, the JV Company will be led by an experienced management team, comprising industry experts, including professor, doctors, academic leader and researchers (the &ldquo Expertise Team&rdquo ). The Expertise Team will be working alongside many other entrepreneurial executives as well as technical experts. - The non-exercise of the Right of First Refusal (the &ldquo Rights&rdquo ) granted by XDC to the Company with regards to acquiring XDC&rsquo s stake in the JV as announced on 18 April 2022. In addition , please elaborate on what the Board had considered on 18 April 2022 and now, and what has changed during the interim. The Right of First Refusal is for the acquisition of the remaining 49% of the JV and was not exercised by the Company granted by XDC as the Company already holds 51% of equity interest in the JV Company. The Company wishes to highlight that the Acquisition is not for the purpose of increasing the shareholding in the JV Company but for the acquisition of a stake in XDC. There is no change in the considerations of the Board with regards to the JV or the Right of First Refusal between 18 April 2022 and now. Question 3: What other businesses /assets does XDC hold?. Company&rsquo s Response: 3 The other businesses/ assets managed and owned by XDC via its subsidiaries are (a) research and development on application of lab-grown diamond in robotics and medical equipment, (b) operating and managing retail jewellery shops, (c) brand management and business development to expand distribution and sales of lab-grown diamond, and (d) ownership of other patents and trademark which have not been licensed to the JV. Question 4: What are the Company&rsquo s plans with regards to the JV after the acquisition of the shares in XDC. Company&rsquo s Response: The JV Company will continue to carry out its business of manufacturing and distribution of lab-grown diamonds. As mentioned in the announcement dated 9 June 2022, in furtherance of its plan to expand the manufacturing capacity of lab-grown diamonds, the Company has entered into a non-binding term sheet to acquire a site (held by a company) for the construction of new manufacturing facilities. Question 5: Please disclose if there are any other material information that shareholders should be aware of. Company&rsquo s Response: The Company is currently not aware of any other material information that shareholders should be aware of. By Order of the Board of Directors of Metech International Limited Samantha Hua Lei Executive Director and CEO 9 June 2022 This announcement has been prepared by the Company and its contents have been reviewed by the Company&rsquo s Sponsor, RHT Capital Pte. Ltd. (the " Sponsor" ) for compliance with the relevant rules of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited (the " SGX-ST" ). This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Khong Choun Mun, Registered Professional, RHT Capital Pte. Ltd. at 6 Raffles Quay, #24-02, Singapore 048580, [email protected].  |
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Everyday
Elite |
09-Jun-2022 21:31
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I am also waiting for their diamond  factory opening. hope they update us on this... Since April 21st.....no news yet 
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GoodLearner
Senior |
09-Jun-2022 20:54
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Never see much development on the diamond project. Keep spending money buying over the stock of the partner (To me it looks like something is not right) and buying assets (not clear how this asset helps in the project).    |
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Everyday
Elite |
09-Jun-2022 20:29
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Latest announcement this evening  : ENTRY INTO A NON-BINDING TERM SHEET IN RELATION TO THE ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL IN FINEBUILD HOLDINGS PTE. LTD. 1. INTRODUCTION The Board of Directors (the &ldquo Board&rdquo ) of Metech International Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that its joint venture company, Asian Eco Technology Pte. Ltd. (&ldquo AET&rdquo ), has on 9 June 2022 entered into non-binding term sheet (the &ldquo Term Sheet&rdquo ) with the shareholders of Finebuild Holdings Pte. Ltd. (Singapore UEN No.: 201822518N) (&ldquo Finebuild&rdquo ), namely Ang Poh Guan (&ldquo APG&rdquo ) and Ang Poh Hwee (&ldquo APH&rdquo ), to acquire the entire issued and paid up capital of Finebuild (the &ldquo Proposed Acquisition&rdquo ). APG and APH are collectively referred to as the &ldquo Vendors&rdquo and each individually, as a &ldquo Vendor&rdquo . AET and the Vendors are collectively referred to as the &ldquo Parties&rdquo and each individually as a &ldquo Party&rdquo . 2. INFORMATION ON FINEBUILD Finebuild is an exempt private company incorporated in the Republic of Singapore on 3 July 2018 of which its principal activity is as an investment holding company. As at the date of this announcement: (a) Finebuild has an issued and paid-up capital of S$7,617,374 comprising 7,617,374 ordinary shares (b) APG is a substantial shareholder of the Company (c) Finebuild owns the entire issued and paid-up share capital of 54 Pandan Road Pte. Ltd. (Singapore UEN No. 201822520Z), a company incorporated in the Republic of Singapore on 3 July 2018 (the &ldquo Subsidiary&rdquo ) (d) the Subsidiary owns the private lot A3008025 at 54 Pandan Road Singapore 609292 (the &ldquo Asset&rdquo ) (e) the directors of Finebuild are APG and APH and (f) Finebuild is owned by the Vendors equally. 3. RATIONALE FOR THE PROPOSED ACQUISITION As further elaborated in the Company&rsquo s Circular to its shareholders (&ldquo Shareholders&rdquo ) dated 24 December 2021 and the announcement dated 2 June 2022, the Company intends to diversify and is working to grow the Group&rsquo s business of manufacturing, sale, distribution, marketing, business development and research and development (&ldquo R& D&rdquo ) in applications and technology in the production of lab-grown diamond (the &ldquo Group&rsquo s Diversified Business&rdquo ) as part of the Group&rsquo s strategy to expand its environmental and sustainability business and create new growth drivers and revenue and earning streams. To further expand the Group&rsquo s Diversified Business, the Company intends to embark on the Proposed Acquisition to obtain the Asset and the plans and resources in relation to the development of such Asset. The Company intends to build and develop manufacturing facilities and/or R& D lab on such Asset as part of its strategy to develop a full-service line and one-stop shop as regards Group&rsquo s Diversified Business, from manufacturing to distributing lab-grown diamonds. The Vendors shall procure that, as of and including the completion date under the Definitive Agreements (the &ldquo Completion Date&rdquo ), Finebuild and the Subsidiary shall not have any assets and liabilities other than the Asset. This is to allow the Group to own and develop a land to support lab-grown diamond business without any other assets and liabilities. Sgx Co announcement : https://links.sgx.com/1.0.0/corporate-announcements/XADAQMMVKKPGXCHQ/0c0d7ac48ed0b63a408b8b56282de6a2e4f5c397b5ab67cf21209c99146ea029 |
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Everyday
Elite |
09-Jun-2022 20:21
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Thanks Spurfan.
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spursfan
Supreme |
09-Jun-2022 19:18
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Hi there is new announcement from metech at sgx website.
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Everyday
Elite |
07-Jun-2022 17:17
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Interest returning...today vol 115k... | ||||
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For_The_Next_Leg
Master |
06-Jun-2022 10:18
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$MetechIntl(V3M.SI)
 
For those that don' t know, India is a BIG diamond industry. If it is pushing for lab-grown diamonds, that means this substitute is really eating up all the market share.
 
https://www.hindustantimes.com/india-news/in-india-s-diamond-city-a-hard-push-for-lab-grown-diamonds-after-ukraine-war-101653665620369.html
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WBdisciple
Elite |
03-Jun-2022 09:42
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Strong move by Metech...strengthening their capabilities and prescene in lab-grown diamonds. | ||||
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Everyday
Elite |
03-Jun-2022 06:28
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THE ACQUISITION OF SHARES AND THE GRANT OF CALL OPTIONS IN RESPECT OF THE ISSUED AND PAID-UP CAPITAL OF X DIAMOND CAPITAL PTE. LTD.  Sgx Co announcement today : https://links.sgx.com/1.0.0/corporate-announcements/OVSXLNIXR5Z4VKVV/1fcf322cc2ff6691c6cea1f24a65ff9a6e5a57c0bf09ca130f6663bb0245fd49 More info on X Diamond : INFORMATION ON XDC 3.1. XDC is an exempt private company limited by shares incorporated in the Republic of Singapore on 13 May 2019 in the business of manufacture, distribution and sale of jewellery made from precious metals and stones, piezo-electric devices (e.g. quartz crystals, quartz crystal filters, delay lines) and crystalline materials using chemical vapour deposition technology (the &ldquo Target Business&rdquo ). 3.2. As at the date of this Announcement: (a) XDC has an issued and paid-up capital of S$1,000,000 comprising 1,000,000 ordinary shares (b) XDC is owned by the Vendors in the following shareholdings: (i) 400,000 ordinary shares in the name of DYM representing 40% of the issued and paid up share capital of XDC (&ldquo DYM Shares&rdquo ) (ii) 350,000 ordinary shares in the name of XK representing 35% of the issued and paid up share capital of XDC and (iii) 250,000 ordinary shares in the name of YHY representing 25% of the issued and paid up share capital of XDC and (c) the directors of XDC are DYM and YHY. 3.3. XDC is also a shareholder of Asian Eco Technology Pte. Ltd. (Singapore UEN No. 202133529M) (&ldquo AET&rdquo ). AET is a joint venture company incorporated on 27 September 2021, pursuant to a joint venture agreement dated 24 September 2021 between XDC and Asian Green Tech Pte. Ltd. (&ldquo AGT&rdquo ), a wholly-owned subsidiary of the Company. AET has an issued and paid-up capital of S$500,000 comprising of 500,000 ordinary shares. 3.4. As of the date of this Announcement: (a) XDC owns 145,000 ordinary shares of the issued and paid-up capital of AET (b) Mr. Wu Yongqiang (who is a controlling shareholder (as defined in the Catalist Rules) of the Company) owns 100,000 ordinary shares of the issued and paid-up capital of AET and (c) AGT owns 255,000 ordinary shares of the issued and paid-up capital of AET. 3.5. XDC and its subsidiaries (&ldquo XDC Group&rdquo ) have its own core technology advantages. It uses highly efficient microwave plasma chemical vapour deposition method which requires low cost to activate and decompose carbon source into free carbon atoms. The carbon atoms are then gradually supersaturated and precipitated into substrate (seed crystal) and grow into diamonds that are identical with the structure and composition of natural diamonds. 3.6. XDC Group has been researching on lab-grown diamonds since 2017, with its research and development (&ldquo R& D&rdquo ) and production base that was establish in Dongguan, China. XDC Group produced its first IGI-certified lab-grown diamond in or around April 2019. XDC started producing, supplying and distributing lab-grown diamonds in or around September 2019. In 2020, XDC Group raised its enterprise management standards and industry influence to obtain &ldquo ISO9001&rdquo management system certification, AAA enterprise qualification and other industry certifications. XDC Group is continually increasing its R& D capacity to maintain its position of being one of the leading companies in the microwave plasma application technology industry domestically and internationally. |
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Everyday
Elite |
02-Jun-2022 17:05
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Great to hv daily activity although vol small. For price to go up we need good news. | ||||
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For_The_Next_Leg
Master |
01-Jun-2022 14:52
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$MetechIntl(V3M.SI) Disposal of the wastewater business is a good move. This will allow the business to focus on the lab-grown diamond business whose demand is increasing significantly.
 
https://links.sgx.com/1.0.0/corporate-announcements/4T1O20STQZHNWC2Y/5f0943abfeb9e6c8dde80b3f8b61a619c912138b726c6cb55000a430ec3eb7dc
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Everyday
Elite |
31-May-2022 21:05
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Today activity improved. Hope for daily acitivity rather than once a while. | ||||
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GoodLearner
Senior |
31-May-2022 10:28
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So quite, had been waiting to take profit. No one buying up.  |
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tedlim
Veteran |
31-May-2022 08:14
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In India&rsquo s &lsquo Diamond City&rsquo , a hard push for lab-grown diamonds after Ukraine war India exports polished lab-grown diamonds to USA, Hongkong, UAE, Israel, and Belgium. The man-made diamonds are 70% cheaper as compared to mined diamonds. Updated on May 27, 2022 09:03 PM IST AHMEDABAD: A sharp decline in the import of rough diamond pieces to be processed by Surat&rsquo s diamond industry after Russia invaded Ukraine has led to renewed efforts to encourage the use of lab-grown diamonds, people aware of the matter said. Gems and Jewellery Export Promotion Council (GJEPC) regional chairman Dinesh Navadiya said the demand for lab-grown diamonds had been on the rise &ldquo but this is the perfect time to promote this industry&rdquo . The council leaders met Union commerce minister Piyush Goyal on May 17 to seek the government&rsquo s support. &ldquo The popularity of lab-grown diamonds has been driven by a huge spurt in demand in the US in recent times&hellip . We have demanded that special parks to manufacture lab-grown diamonds be promoted and they be included in the production-linked incentive scheme of the Central government,&rdquo said Navadiya. Lab-grown diamonds are made in a lab using cutting-edge technology that replicates the natural diamond growing process and the result is a man-made diamond that is chemically, physically, and optically the same as those found beneath the earth&rsquo s surface. They can be created by two processes - High-Pressure High Temperature (HPHT) which is used in China and Chemical Vapor Deposition (CVD) which is used in USA and India. &ldquo Held a meeting with the manufacturers of lab-grown diamonds to deliberate on ways to promote their products in India. Lab-grown diamonds provide a huge opportunity for India to consolidate its position as the diamond manufacturing hub of the world,&rdquo minister Goyal said in a tweet after his meeting with GJEPC representatives on May 17. The diamond industry of Surat, where over 85-90% of the world&rsquo s roughs are processed, has seen its imports decline by one-third after the Russia-Ukraine war began, according to people aware of the matter. The supplies from Alrosa, the Russian government-controlled mining company, were cut off due to sanctions by G-7 nations following the Ukraine war. As a result, diamond polishing companies in Surat have announced summer holidays for an extended period of time to avoid lay-offs. The industry employs close to 8 lakh people and is a major contributor to India&rsquo s gems and jewellery exports of USD 39 billion for 2021-22, according to data by India&rsquo s Gems and Jewellery Export Promotion Council (GJEPC). India contributes around 15% to the global production of lab-grown diamonds for which it is presently self-sufficient. Given India&rsquo s expertise in diamond polishing, it is imperative that India positions itself firmly in the lab-grown diamond sector too since the process of polishing is similar, said Navadiya. &ldquo The lab-grown diamonds are ethically sourced, so there is no question of availing Kimberely Process certification being 100% conflict-free diamonds. Besides jewellery industry, lab-grown diamonds are also used in semiconductors, satellites and 5G networks. This industry is 100% export-oriented and supports the Prime Minister&rsquo s mission of Aatmanirbhar Bharat and Make in India,&rdquo said Dr Snehal Patel, promoter of Bhanderi Lab Grown Diamonds, one of the leading manufacturers in Surat for man-made diamonds. India&rsquo s exports of polished lab-grown diamonds were USD 274 million, USD 473 million, USD 637 million and USD 1,293 million during 2018-19, 2019-20, 2020-21 and 2020-21 respectively. Annual growth during the same periods was 72%, 35% and 103%, according to GJEPC. India exports polished lab-grown diamonds to the USA, Hongkong, UAE, Israel, and Belgium. The USA accounts for around 67% of India&rsquo s exports followed by Hongkong with a share of 14%. These diamonds are 70% cheaper as compared to mined diamonds, according to Navadiya of GJEPC. Many small factories in Surat and towns of Saurashtra are facing supply crunches of roughs due to the war. &ldquo During summer the industry declares vacation for its workers but this time there is going to be an extended vacation due to supply issues. Presently, there is about 40% cut in the supplies. In such times, the lab grown diamonds are finding their place in the market and gaining popularity,&rdquo said Mathurbhai Savani, owner of a diamond firm in Surat and director of Surat Diamond Bourse. |
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tedlim
Veteran |
30-May-2022 09:22
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Net-a-Porter to sell lab-grown diamonds with Kimai By Danielle Wightman-Stone 27 May 2022 Kimai, worn by the Duchess of Sussex and actress Emma Watson, creates high-quality jewellery with low impacts on people and the planet using lab diamonds grown using solar energy. Lab-grown diamonds are chemically and physically identical to mined diamonds, however, to mine a diamond 250 tons of earth is disrupted, explains Kimai. The jewellery brand will launch its best-selling pieces on Net-a-Porter from May 27, including diamond stud piercings, stackable rings and necklaces. Prices range from 195 to 1,675 pounds / 255 to 1,995 US dollars. Commenting on adding Net-a-Porter as a stockist, Kimai co-founder Jessica Warch, said in a statement: &ldquo Having the support and seal of approval from a global retailer and early adopter like Net-a-Porter shows that the demand for lab-grown diamonds is ever-increasing. &ldquo We are beyond proud to be the first brand in this exciting new category, giving us a real boost to continue our work to prove traceability is the ultimate luxury in fine jewellery.&rdquo Lea Cranfield, chief buying and merchandising officer at Net-a-Porter, added: &ldquo We are thrilled to launch Antwerp made fine jewellery brand, Kimai, at Net-a-Porter. Jessica and Sidney have channelled their families&rsquo heritage in the fine jewellery industry into a modern yet timeless brand. The dainty pieces are perfect for layering and will add everlasting appeal to everyday jewellery wardrobes.&rdquo |
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