Industry News by Nemesis

Sarine: 'Not Affected' by De Beers Suspending Rough Supply to Shrenuj

November 29, 2016

Sarine Technologies Ltd. said that it has not been hit by the suspension of rough diamond supply to leading Indian diamond and jewelry manufacturer Shrenuj & Co.


"In response to various queries made with regard to the reported problems being experienced by India's diamond manufacturer Shrenuj & Co, including its reported suspension of supply by De Beers, Sarine Technologies Ltd. wishes to note that its business activities have not been affected and that Sarine has no significant exposure to these reported events, the firm said in a statement signed by Company Secretary Amir Jacob Zolty.


Source: Idex


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