This article may rely excessively on sources too closely associated with the subject , potentially preventing the article from being verifiable and neutral.(January 2017) |
OTC Pink: SCIO | |
Industry | Diamond / Manufacturing |
Founded | 17 September 2009 |
Headquarters | , |
Key people | Joseph Lancia, Edward Adams, Michael Monahan |
Products | Synthetic diamonds |
-7,200,000[ citation needed ] | |
Website | www |
Scio Diamond Technology Corporation was a synthetic diamond manufacturer that produced near flawless single-crystal diamonds for gemstone and industrial applications, in Greenville, South Carolina. The company produced chemical vapor deposition (CVD) gem-sized synthetic diamond crystals using processes pioneered by Apollo Diamond, and had acquired Apollo Diamond's technology and assets including several US patents on the processes. [1]
Scio's so-called "cultured diamonds", or synthetic diamonds, although not of natural origin, are real diamonds, and thus they have the same physical and optical properties as diamonds formed by geological processes. The company's controlled manufacturing processes enabled it to produce very high-quality, high-purity, high volume, single-crystal colorless, near colorless and fancy colored diamonds to suit a variety of industrial and gemstone applications. [2]
Synthetic diamonds are often viewed as "green" as they are not mined, avoiding the controversy surrounding blood diamonds by ensuring ethical sourcing that does not finance war or violence. [3]
In 2017, the United States Department of Justice announced the indictment of Edward S. Adams, the chairman of the board of directors of the company, with "orchestrating an elaborate fraud scheme to embezzle millions of dollars of investors' funds." [4] [5]
In August of 2019, the stock (under symbol SCIO) was delisted by the SEC after the company failed to file any financial reports for over two years. [6] [7]
Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. Diamond as a form of carbon is a tasteless, odourless, strong, and brittle solid that is transparent in colour, a poor conductor of electricity, and insoluble in water. Another solid form of carbon known as graphite is the chemically stable form of carbon at room temperature and pressure, but diamond is metastable and converts to it at a negligible rate under those conditions. Diamond has the highest hardness and thermal conductivity of any natural material, properties that are used in major industrial applications such as cutting and polishing tools. They are also the reason that diamond anvil cells can subject materials to pressures found deep in the Earth.
Emerald is a gemstone and a variety of the mineral beryl (Be3Al2(SiO3)6) colored green by trace amounts of chromium or sometimes vanadium. Beryl has a hardness of 7.5–8 on the Mohs scale. Most emeralds have many inclusions, so their toughness (resistance to breakage) is classified as generally poor. Emerald is a cyclosilicate.
A gemstone is a piece of mineral crystal which, when cut or polished, is used to make jewelry or other adornments. Certain rocks and occasionally organic materials that are not minerals may also be used for jewelry and are therefore often considered to be gemstones as well. Most gemstones are hard, but some softer minerals such as brazilianite may be used in jewelry because of their color or luster or other physical properties that have aesthetic value. However, generally speaking, soft minerals are not typically used as gemstones by virtue of their brittleness and lack of durability.
Sapphire is a precious gemstone, a variety of the mineral corundum, consisting of aluminium oxide (α-Al2O3) with trace amounts of elements such as iron, titanium, cobalt, lead, chromium, vanadium, magnesium, boron, and silicon. The name sapphire is derived from the Latin word sapphirus, itself from the Greek word sappheiros (σάπφειρος), which referred to lapis lazuli. It is typically blue, but natural "fancy" sapphires also occur in yellow, purple, orange, and green colors; "parti sapphires" show two or more colors. Red corundum stones also occur, but are called rubies rather than sapphires. Pink-colored corundum may be classified either as ruby or sapphire depending on the locale. Commonly, natural sapphires are cut and polished into gemstones and worn in jewelry. They also may be created synthetically in laboratories for industrial or decorative purposes in large crystal boules. Because of the remarkable hardness of sapphires – 9 on the Mohs scale (the third hardest mineral, after diamond at 10 and moissanite at 9.5) – sapphires are also used in some non-ornamental applications, such as infrared optical components, high-durability windows, wristwatch crystals and movement bearings, and very thin electronic wafers, which are used as the insulating substrates of special-purpose solid-state electronics such as integrated circuits and GaN-based blue LEDs. Sapphire is the birthstone for September and the gem of the 45th anniversary. A sapphire jubilee occurs after 65 years.
Ruby is a pinkish red to blood-red colored gemstone, a variety of the mineral corundum. Ruby is one of the most popular traditional jewelry gems and is very durable. Other varieties of gem-quality corundum are called sapphires. Ruby is one of the traditional cardinal gems, alongside amethyst, sapphire, emerald, and diamond. The word ruby comes from ruber, Latin for red. The color of a ruby is due to the element chromium.
Cubic zirconia (abbreviated CZ) is the cubic crystalline form of zirconium dioxide (ZrO2). The synthesized material is hard and usually colorless, but may be made in a variety of different colors. It should not be confused with zircon, which is a zirconium silicate (ZrSiO4). It is sometimes erroneously called cubic zirconium.
Moissanite is naturally occurring silicon carbide and its various crystalline polymorphs. It has the chemical formula SiC and is a rare mineral, discovered by the French chemist Henri Moissan in 1893. Silicon carbide or moissanite is useful for commercial and industrial applications due to its hardness, optical properties and thermal conductivity.
Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The company was named Corning Glass Works until 1989. Corning divested its consumer product lines in 1998 by selling the Corning Consumer Products Company subsidiary to Borden.
Laboratory-grown (LGD), also called lab-grown diamond, laboratory-created, man-made, artisan-created, artificial, synthetic, or cultured diamond, is diamond that is produced in a controlled technological process. Unlike diamond simulants, synthetic diamonds are composed of the same material as naturally formed diamonds—pure carbon crystallized in an isotropic 3D form—and share identical chemical and physical properties. As of 2023 the heaviest synthetic diamond ever made weighs 30.18 ct, and the heaviest natural diamond ever found weighs 3167 ct.
Gemesis Inc. was a privately held company located in New York City. The company grew synthetic diamonds using proprietary technology.
Diamond enhancements are specific treatments, performed on natural diamonds, which are designed to improve the visual gemological characteristics of the diamond in one or more ways. These include clarity treatments such as laser drilling to remove black carbon inclusions, fracture filling to make small internal cracks less visible, color irradiation and annealing treatments to make yellow and brown diamonds a vibrant fancy color such as vivid yellow, blue, or pink.
A diamond simulant, diamond imitation or imitation diamond is an object or material with gemological characteristics similar to those of a diamond. Simulants are distinct from synthetic diamonds, which are actual diamonds exhibiting the same material properties as natural diamonds. Enhanced diamonds are also excluded from this definition. A diamond simulant may be artificial, natural, or in some cases a combination thereof. While their material properties depart markedly from those of diamond, simulants have certain desired characteristics—such as dispersion and hardness—which lend themselves to imitation. Trained gemologists with appropriate equipment are able to distinguish natural and synthetic diamonds from all diamond simulants, primarily by visual inspection.
Apollo Diamond Inc. was a company based in Boston, Massachusetts that was able to produce nearly flawless single crystal diamond wafers and crystals for potential use in the optoelectronics, nanotechnology, and consumer gem markets. The company used chemical vapor deposition (CVD) for the production of their gem-sized synthetic diamond crystals, and obtained several U.S. patents on the process. The company's techniques were able to produce colorless gems, in contrast to previous diamond-making techniques which usually produced colored diamonds.
Element Six is a company specialised in providing synthetic diamond, cubic boron nitride and other superhard materials for industrial use. Part of the De Beers Group, Element Six employs over 1,900 people and its primary manufacturing sites are located in the UK, Ireland, Germany, South Africa, and the US.
The Verneuil method, also called flame fusion, was the first commercially successful method of manufacturing synthetic gemstones, developed in the late 1883 by the French chemist Auguste Verneuil. It is primarily used to produce the ruby, sapphire and padparadscha varieties of corundum, as well as the diamond simulants rutile, strontium titanate and spinel. The principle of the process involves melting a finely powdered substance using an oxyhydrogen flame, and crystallising the melted droplets into a boule. The process is considered to be the founding step of modern industrial crystal growth technology, and remains in wide use to this day.
TE Connectivity Ltd. is an American Swiss-domiciled technology company that designs and manufactures electrical and electronic products for several industries, including automotive, aerospace, defense, medical, and energy.
Diamond is a gemstone formed by cutting a raw diamond. Diamonds are one of the best-known and most sought-after gems, and they have been used as decorative items since ancient times.
WD Lab Grown Diamonds is a market leader in Chemical Vapor Deposition (CVD) diamonds, headquartered in the Washington, D.C. area. Founded in 2008, WD produces lab-grown diamonds for distribution under the brands, in addition to creating diamonds for high-tech Advanced Materials applications. The company relaunched as WD Advanced Materials, LLC in 2023.
The Shelby Gem Factory was the production facility of ICT Incorporated, a company in Shelby, Michigan, United States, that manufactured artificial gemstones through proprietary processes. ICT began operations in 1970 and closed in December 2019.