HRD Antwerp and the Hong Kong Indian Diamond Association (HKIDA) recently signed an agreement on an exclusive diamond-screening service using the M-Screen.
The M-Screen is “the world’s fastest melee-screening device available today,” HRD Antwerp said. The new service will offer the screening of parcels – with a minimum total weight of 10 carats – of melee-sized diamonds from 1 to 20 points and colours D-J straight from HKIDA’s premises in Kowloon. The service is available to all customers, including non-HKIDA members.
As of April 1, 2016, HRD Antwerp Hong Kong will also move its operations to a new location, sharing the same premises as HKIDA.
“Since HKIDA’s aim is to safeguard consumer confidence throughout the diamond industry while protecting the natural diamond trade, the service agreement concerning the use of the M-Screen is a great step forward in offering our members the tool they need to make absolutely sure their melee diamond parcels are free of lab-grown diamonds,” HKIDA Chairman Ramesh Virani said.
Commenting on the agreement, HRD Antwerp CEO Peter Macken said, “In order to address the many challenges the diamond industry is facing these days, taking into account the increasing amount of lab-grown diamonds on the market, a trustworthy melee diamond-screening service will undoubtedly contribute to establishing more trust throughout the diamond pipeline, both with suppliers as well as retailers catering to the end-consumer. We’re therefore very happy to have established such a screening service here in Hong Kong, one of the major diamond trading hubs.”
“In addition to the introduction of the highly anticipated melee-screening service, the relocation of our Hong Kong operations to the HKIDA premises is a sound move forward towards strengthening our local presence,” Macken added.