About jewelry

Jewelry refers to ornaments that used to decorate individuals and related circumstances. Jewelry represents another significant way in which people costume themselves in the effort to self-define. Jewelry is truly an illustrator of the idea of self-definition simply because much of it is entirely non-functional. The rarer the material is made from, the more value it holds. Jewelry like this is used to mark important occasions because it was considered valuable.

Monday, June 25, 2018

Diamond cutting in Belgium

Antwerp in Belgium is the leading diamond cutting and finishing center in the world. 80% of the world’s rough diamonds and 50% of polished diamonds traded through Antwerp. This industry has its root in Belgium’s history as a colonial power in Africa, particularly South Africa, where the majority of diamonds are mined.

The manufacturing of gem-quality diamonds has advanced more since 1980 than in the preceding 100 years. During the past two decades, a quiet revolution has taken place in much of the diamond-manufacturing industry. By adapting computer-imaging techniques, precision measurement systems, lasers, and other modern technological equipment, many manufacturers have improved their ability to cut gem diamonds in ways unimaginable only a few short years before.

A recent technological innovation, grain independent polishing (GIP), allows polishing diamonds independent of the polishing direction in a cold process, such that for the first time in history a fully automatic diamond polishing process becomes a possibility. One possible valorization scenario of this technological innovation is the development of an Product-Service System (PSS) business model, whereby a service center is set up in Antwerp that provides a diamond cutting and polishing service charged ‘per finished carat’.

Diamond trading, both rough and polished, is the core activity of Antwerp’s diamond sector. This €42 billion annual business, conducted in Antwerp’s high-security diamond area, contributes 5% of Belgium’s exports and 70% of its trade balance, surplus supporting over 34.000 jobs through the skills and services it requires.
Diamond cutting in Belgium

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