News

Advanced Search

DMCC Debuts New Diamond-Boiling Facility

Feb 18, 2020 8:14 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... Trigem, a service provider to the diamond industry, has launched a new boiling plant at the Dubai Multi Commodities Centre (DMCC) that will have the capacity to process 1.4 million carats of rough each month.

The facility, which was launched in partnership with Antwerp-based entity Charlotte Quality Boiling, is located in the Jewellery and Gemplex Building in Jumeirah Lakes Towers. Trigem believes it will complement the colored-gemstone, diamond and jewelry facility it launched last year, offering a one-stop shop for mining companies and traders, Trigem CEO David Zabinsky said Tuesday.

“This new state-of-the-art facility will support the growth of Dubai’s status as the world’s leading diamond-trading hub,” added DMCC CEO Ahmed Bin Sulayem. “We are confident that this development will help drive trade and encourage more businesses to set up in DMCC.”

In January, Trigem also signed an agreement with United Arab Emirates security and logistics firm Transguard to provide diamond-transportation services.

Image: Sheikh Ahmed Bin Manna Bin Khalifa Saeed Al-Maktoum, Ahmed Bin Sulayem, and David Zabinsky at the Trigem boiling facility. (DMCC)
Tags: Ahmed Bin Sulayem, Charlotte Boil, David Zabinsky, DMCC, Dubai Multi Commodities Centre, Rapaport News, Transguard, Trigem
Similar Articles
Rough diamondDe Beers Enables 100% Deferrals at March Sight
Mar 26, 2020
De Beers is allowing sightholders unlimited deferrals at its upcoming rough-diamond sale as manufacturing closures have obliterated demand,
Alrosa rough 150Alrosa Relaxes Sales Terms Amid Market Crisis
Mar 15, 2020
Alrosa is allowing clients to defer up to 60% of their rough-diamond allocations at this month’s contract sale, claiming the
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.