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About Us: Lab Grown Diamond Therapies Company ABOUT US – Generic Diamond

We are the world’s leading generic and branded diamond therapies company.

We are dedicated to the discovery, development, manufacture and marketing of Generic and branded Diamond therapies to improve the quality of people life.

By our commitment to bring the best products to the consumers at low price, our company is today the leading distributor of Generic Diamond therapies with Love Painkiller, Love Emergency and Love Vitamin D. To support this international success, the company is today one of the largest diamond therapies research and development center in the industry, establiching strategic alliance with diamond manufacturer companies and collaborating with jewellery industry sectors.

The headquarter is located in Singapore, one of the main center for the production of lab-grown diamond in the world.

Our mission: Make a world where everybody can access to diamonds.

Legitimate and ethical
suppliers and partners

Working everyday with the nature’s rarest commodity on earth to bring well-being to people around the world is a double honor and responsibility. To be at the height of its responsibility, each diamond are selected with the utmost care and attention by our gemologists.

Mined or lab created, we only purchase diamonds through the most respected suppliers who, like us, have a zero-tolerance policy toward conflict diamonds or the trade of illegal diamonds.

Quality and safety is our priority. We guarantee all our diamonds are conflict free. For more information about the issue, visit our Ethical Sourcing Policy.

Generic Diamond Pte Ltd

One Raffles Place, #25-03 One Raffles Place Tower 1 Singapore 048616

 

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Press

Press releases, story or images can be found on our press page.

 

Job

If you want to reinvent the diamond industry with us, visit our job page.

 

Customer Support

Find quickly anwers to common questions on our support page.

 

Business

Partnerships, distribution or other business topics inquiries, visit our partners page.

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IN THE NEWS

What the diamond industry, designers or journalists are saying about generic or lab-grown diamonds.

Press reviews
September 28, 2015 - Rapaport News
Lab-Grown Diamonds Set to Fill Projected Deficit as Mined Output Declines
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September 28, 2015 - Rapaport News

Lab-Grown Diamonds Set to Fill Projected Deficit as Mined Output Declines

Technological developments in the production of grown diamonds embody a significant opportunity as researchers predict demand will double in the next ten years, according to a report from Better Diamond Initiative.

Advances in the chemical vapor deposition (CVD) technology allow the creation of large synthetic stones of jewellery-quality colour and clarity, said the report published on the Better Diamond Initiative website on September 22, citing Creamer Media’s Mining Weekly.

Singapore-based grown-diamonds manufacturer IIa Technologies Pte Ltd told the Weekly the growth opportunity has arisen because the gems and jewelry industry absorbs almost all of the mined diamond output, which is already projected to decline. In addition, the unpredictable quality of excavated produce makes it difficult to use it in high-technology applications. Grown diamonds are also filling an important gap as a new source of raw material for the manufacturing and energy companies.

“The beauty of the IIa grown-diamond process is that we have developed this technology to culture only the rarest type-IIa diamonds, which are known to have the least amount of impurities and are extremely rare in the diamond industry,” IIa Technologies chief executive officer Vishal Mehta, said. Carbon emissions for mined diamonds are estimated at 57000g/ct, while those for grown diamonds pegged at 0.028g/ct, he added.

In a report published last year, Grown Diamond Impact 2050, consulting firm Frost & Sullivan said the global mined-diamond supply is estimated to plunge to 13-million carats in 2050, from a projected 133-million carats in 2014. It predicted a steady increase in demand was likely to lead to a shortage of about 248-million carats by 2050.

The report from last year estimated the scale of grown-diamond output at about 360 000 ct. It expected production to reach almost two-million carats by 2018 and more than 20 million carats by 2026. In the next 30 years, it predicted, grown diamonds will become a dominant player in high-technology applications.

This is great news for the grown-diamond industry as trends of accepting grown diamonds as a legitimate diamond product are emerging, Mehta said.

Source: Rapaport News

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September 8, 2015 - Jeweller
GIA to Start Making Lab-grown Diamonds
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September 8, 2015 - Jeweller

GIA to Start Making Lab-grown Diamonds

 

The GIA will begin producing synthetic diamonds next year in order to gain a greater understanding of the properties of such stones and improve identification capabilities.

Gemological Institute of America (GIA) executive vice president and chief laboratory and research officer Tom Moses announced the development during International Diamond Week, which was held in Israel from 30 August to 3 September.

According to IDEX Online News, Moses indicated to delegates that lab-grown stones had become a permanent part of the diamond industry, and that the facility would help the grading laboratory keep abreast of technological developments in the synthetic sector.

 
 

Moses emphasised that the key to ensuring natural diamonds were not undermined by their synthetic counterparts was “identification and disclosure”.

GIA spokesperson Stephen Morisseau confirmed to Jeweller that the international grading laboratory would begin producing synthetic diamonds for research purposes at an existing facility in New Jersey.

“This new capability at our existing research and engineering facility is part of GIA’s ongoing research into synthetic diamonds – research that began when man-made diamonds were first developed 60 years ago,” Morisseau stated.

He explained that the research findings would allow the GIA to develop a “fundamental understanding” of the material’s properties, as well as to improve and expand the laboratory’s identification capabilities.

Production at the GIA facility is expected to begin in January 2016, with the information gained from the experiments to be disseminated through the GIA’s education programs, publications and at industry conferences.

Source: Jeweller – Stephanie Chan

 

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July 22, 2015 - CCTV America
Lab-grown diamonds could impact jewelry industry
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July 22, 2015 - CCTV America

Lab-grown diamonds could impact jewelry industry

Shopping for just the right diamond can be an exhilarating experience, not to mention expensive. But consumers are now saving thousands of dollars thanks to technological breakthroughs that allow diamonds to be created in a lab.

Diamonds are a girl’s best friend, but a lab grown diamond may be a savvy consumer’s best friend. Instead of spending millions of years under the earth’s surface, these diamonds are created in a matter of weeks in a lab. They are developed in pressurized containers above ground, replicating what happens under the ground.

“A lab grown diamond is chemically, optically, physically identical and they are both certified as a diamond and the only distinction is that a laboratory diamond comes from above the earth and a natural or mined diamond comes from below the earth,” said Neil Koppel, CEO, Renaissance Diamonds Corporation.

The synthetic diamonds are available in a variety of colors, cuts, clarity and carats, and they’re a fraction of the cost of a mined diamond.

“We create the colorless diamonds which everybody is familiar with, we create pink diamonds which are among the rarest diamonds in the world, and we create canary diamonds. The colorless typically sell for about 30-40 percent less than a typical mined diamond,” Koppel said. “The advantages are the cutting and quality are really top-notch, the finish, the polish are all excellent and now you’re really buying that Mercedes type quality in our diamonds.”

The lab created diamonds are also certified, but there are slightly different terms for grading synthetic diamonds, said Wuyi Wang, Director of Research and Development at the Gemological Institute of America.

Diamond experts say it’s impossible to tell the difference between a lab diamond and a mined diamond with the naked eye.

“We know diamond is composed of a carbon, 99.9 percent or even higher. But diamonds have tiny, tiny amount of defects, crystal defects, in the parts per million to parts per billion level,” Wand said. “And if we go to that level, natural diamonds and synthetic diamonds may show slight difference, but it’s not going to affect anything of the physical, chemical properties of the diamond itself.”

Cultured diamonds have been around since the late 1950s but have only started to become popular in recent years as consumers opt for gems that are environmentally friendly, easy on the wallet and don’t come from war zones.

Source: CCTV America – Shraysi Tandon

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June 1, 2015 - Jeweller Magazine
Synthetic Diamond Manufacturer Supersize Stones
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June 1, 2015 - Jeweller Magazine

SYNTHETIC DIAMOND MANUFACTURER SUPERSIZES STONES

Synthetic diamond technology appears to be progressing quickly, with yet another lab-grown stone being labelled the “world’s largest”.

The claim, made by the International Gemological Institute (IGI) Hong Kong branch, refers to a 10.02-carat square emerald cut diamond. The laboratory certified the type IIa stone as having VS1 clarity and E colour with a “very good to excellent” finish grade.

Marc Brauner, IGI Worldwide co-CEO

The diamond originated from a 32.26-carat piece of rough produced by Russian synthetic diamond manufacturer New Diamond Technology (NDT) using the HPHT (high pressure, high temperature) technique. It was said to have taken less than 300 hours to grow.

IGI Worldwide co-CEO Marc Brauner described the diamond as “unique in all aspects”, adding that the science and technology used to produce the stone was “significantly more advanced than other man-made diamonds currently on the market”.

In evidence of the rate at which the synthetic diamond sector is progressing, this latest diamond was almost double the size of the HPHT synthetic stone – dubbed ‘Big Tamazi’ – that NDT claimed was the world’s largest polished diamond in February this year.

The radiant cut stone, which had also been a type IIa diamond, weighed 5.11 carats with K colour and SI2 clarity and had been derived from a 10.31-carat piece of rough.

Only a few months before, US-based Pure Grown Diamonds also made a “world’s largest” claim about a near colourless, 3.04-carat round stone with I colour, SI1 clarity and a “very good cut”. Pure Grown Diamonds, however, used a different process – CVP (chemical vapour deposition) – to grow the stones.

Source: Jeweller – By Stephanie Chan

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March 17, 2015 - The Times Of India
Singapore: new research centre for developing innovative techniques for the diamond industry.
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March 17, 2015 - The Times Of India

Singapore: new research centre for developing innovative techniques for the diamond industry.

An NRI-owned firm on Tuesday launched a green-house plant, touted to be the world’s largest, to produce synthetic diamonds and a research centre for developing innovative techniques for the diamond industry. 

The 2,00,000-square-foot facility will use the company’s patented diamond-growing process to produce colourless, high quality diamonds. 

“The centre will generate new applications for diamonds, either from existing research ideas or something completely out of the box, by working with industry partners and research partners,” deputy prime minister Tharman Shanmugaratnam said at Tuesday’s launch of IIa Technologies’ new facilities.

“This has important spin-offs for other industries as many technology applications experience thermal issues as devices miniaturize,” said Tharman, highlighting IIa Technologies’ eight years of research and technology development to grow diamonds in Singapore. 

“Diamond is, as you know, an excellent heat sink because of its superior thermal conductivity. We look forward to seeing IIa Technologies spinning off new innovative applications and collaborations through its co-creation Centre,” said Thrman, who is also Singapore’s finance minister. 

IIa Technologies was established by the Mehta Family’s third generation professionals in the gems and jewellery industry and diamond expert Dr Devi Shanker Misra.

Speaking to PTI at the opening of the SGD110 million plant, IIa Technologies’ chief executive officer Vishal Mehta said plans are to increase capacity to grow diamonds to 4,50,000 carats a year from the Singapore plant in two years from the current 3,00,000 carats. 

Expansion of the plant, which is currently growing 3,00,000 carats, would be to meet the ever increasing demand, which is estimated 30 per cent on the year.

Source: The Times Of India

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February 20, 2015 - Mining Review.com
The lab-grown diamond threat – a reality in 10 -15 years?
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February 20, 2015 - Mining Review.com

The lab-grown diamond threat – a reality in 10 -15 years?

A recently launched Citi Research report indicates that laboratory-grown diamonds are a growing threat to the diamond mining industry. Technology to grow diamonds is improving resulting in high quality diamonds. However, the threat to the diamond mining industry is not immediate as campaigns geared to promoting ‘real’ diamonds over ‘synthetics’ continue to lead consumers in the right direction.

But, as the supply of natural diamonds comes under threat with no new mines coming on stream, synthetics may become more appealing, especially as the gap in cost between real and fake diamonds grows. According to the Citi report, this is no more than 10 or 15 years away.

“We conclude that lab-grown diamonds will represent a growing threat in the future, but it will be a slow-growing threat because of consumer taste and resistance, aided by the defences that the industry has invested in. While sellers of lab-grown diamonds in the key markets are required to declare that they are lab-grown, we think there is likely to be resistance from consumers. This looks to us like a problem for the industry in ten or 15 years’ time, not an immediate threat. Consumer and social trends change rapidly, however, and so we expect lab-grown diamonds to remain a threat on the sidelines for many years into the future,” the report outlines.

What is technically possible

Chemical Vapor Deposition (CVD) diamonds have the same physical properties as mined diamonds including ultra-high thermal conductivity, optical transparency and a very high elastic modulus and hardness.

The high pressure, high temperature (HPHT) technique restricts the size and quality of diamonds and often results in brown or orange colored diamonds. The CVD technique does not come with these drawbacks.

The diamond lab-grown technology is constantly improving and therefore lowering production costs. This trend has resulted in growing encroachment of their usage into the luxury goods market.

The CVD technique can only grow high-grade, Type IIa diamonds and these diamonds have minimum nitrogen impurities. Amongst mined diamonds, Type IIa diamonds are rare, as less than 2% of world’s diamonds are in this category. Furthermore, CVD diamonds have more brilliance and sparkle compared to most mined colourless diamonds.

The CVD technique also produces the same cuboidal shape as is typically found in mined diamonds.

Infiltration of the market

A study was done in Japan a few years ago on yellow melee diamonds in the market to determine the proportion on synthetic diamonds. The researchers found that 10% of the loose yellow melee-size diamonds submitted to the lab over a four month period were synthetic. Moreover, approximately half the jewellery items set with yellow melee that the lab received during the same period also contained synthetic diamonds. A substantial threat therefore emanates from the penetration of synthetics into the production of melees.

The consumer will decide

The key feature that gives diamonds their value is the matter of scarcity. The matter then boils down to whether customers want to buy a Rembrandt painting or a perfectly copied Rembrandt painting. This is only the case in the better-quality and larger stones, however. As one progresses down the size and quality range into the melees, many ‘commercial level’ jewellery consumers may be happy to buy any jewellery item with something that looks exactly like a diamond and perhaps shines even better than a diamond.

Given that mined-diamonds seem to be heading for a shortfall of mined supply vs. demand in 2016-2018, we think rises in the price of mined diamonds could see the traditional discount of 25% widen out to 35% or 40%, which could present a dilemma.

Attitudes are changing constantly and it is difficult to form an opinion on what the attitudes of the trade and the consumer might evolve into in the years ahead. Recent developments have made jewellers more inclined to consider lab-grown diamonds because supporters are promoting them as environmentally friendly alternatives to mined diamonds. In the ethical controversy over ‘conflict diamonds’ mined in war zones in the late 1990s and early 2000s, some retailers are also emphasising synthetics’ certifiable, conflict-free origin.

US authorities require a jeweller to state if a diamond is not a natural diamond and it gets labelled as ‘synthetic’. There is still significant consumer-resistance to buying a synthetic diamond (even though it appears exactly the same to the human eye) and it could take a long time before these consumer attitudes change.

The industry defence

The response of the industry to the threat of synthetics has been through branding, certification and documentation of mined and synthetic diamonds. The industry in the main markets of the US and EU so far not had a widespread education campaign amongst the public as this brings the danger of making the public even more aware of the options available. It has been easy for the miners and the key jewellery brand-names to put up their ‘internal defences’ and squeeze the potential sales down into the less-trusted retailers.

The report concludes: “We conclude that lab-grown diamonds will represent a growing threat in the future, but likely a slow-growing threat because of consumer taste and resistance, aided by the defences that the industry has invested in. This looks to us like a problem for the industry in ten or fifteen years’ time, not an immediate threat.”

Source: Mining Review.com / Laura Cornish

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