Manufacturer of artificial diamonds Scio Diamond Technology said it intends to ramp up shipments of its laboratory-grown stones, which they have been producing at record levels of late, Mining.com reports cited by Israelidiamond.co.il.
Using a special vapor deposition process, Scio manufactured 1,400 carats of artificial diamonds in the last month and 3,300 carats of product in the past 16 weeks, the firm said in a press release.
Scio chief executive officer Joseph Lancia said that the artificial diamond company's production increases amount to a 29% surge for the most of September, adding that the firm has been faithful to its plans to progressively ramp up manufacturing.
Scio chief operations officer Mike McMahon said that the company's annual artificial diamond production rate has vastly increased, from 4,300 in June 2011 to 14,500 at present, more than tripling its output, according to Mining.com.
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