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New Age Diamonds to Expand on Higher Demand

Aug 19, 2005 10:22 AM   By Jeff Miller
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(Rapaport...August 19, 2005) Synthetic diamond manufacturer, New Age Diamonds, says that "growing interest" in synthetics prompted the company to increase production for worldwide distribution.

Based in Moscow, Russia, New Age will expand production across all categories. In colors: All tints of orange, from light yellow to vivid canary. In weight: There is a strong interest in diamonds from 0.25ct. to 1.0ct., according to New Age.

In a press release, New Age Diamonds laid-out future plans:

- Launch new capacities in the beginning of year 2006

- Extend advertising, promotional, and marketing campaigns to support the brand

- Increase volume of productions month by month

- Special attention for new tints of pink (from light to deep red), diamonds of 2+cts

- Cut fantasy shapes for modern designs

Tags: Production, Russia
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