RAPAPORT… Sarine Technologies has entered into a collaboration with diamond-industry consultancy Constell Group that will focus on improving efficiency for the lab-grown supply chain.
“The application of Sarine’s advanced technological solutions to many of the currently manual processes will increase the realized value significantly, and we are fully committed to bringing this evolution to the burgeoning lab-grown diamond market,” Meir Boukris, Constell’s executive chairman, said Tuesday.
Constell offers services such as sorting of rough stones and polishing, concentrating on aiding the transformation of raw materials into finished stones in the most cost-effective way, it said. The group, founded in India, employs more than 4,000 people worldwide.
Sarine, an Israel-based supplier of diamond-manufacturing and grading equipment, will receive remuneration based on each stone processed, regardless of the specific technologies the company uses.
Image: The Sarine Loupe technology. (Sarine Technologies)
Sarine Partners with Cutting Firm on Lab-Grown
The Bottom Line
- Sarine Technologies partners with Constell Group to apply advanced technology to lab-grown diamond processing.
- The collaboration aims to automate manual processes, increasing the realized value of lab-grown diamonds.
- Sarine will be compensated per stone processed, independent of the technology used.
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