The International Institute of Diamond Grading & Research has announced it will change its name to De Beers Group Industry Services, according to David Johnson, a company spokesman. De Beers, which is based in Antwerp, Belgium, said the move was part of an effort “to better reflect our global position.” De Beers started the grading lab in 2008, grading diamonds only for itself. However, it soon expanded into private grading for other brands and in 2016 it opened to the wider diamond industry.
The International Institute of Diamond Grading & Research has announced it will change its name to De Beers Group Industry Services, according to David Johnson, a company spokesman. The renaming of the institute will "make things clearer for customers" and make it more obvious that it is part of the De Beers group, said Johnson. De Beers started the grading lab in 2008, grading diamonds only for itself. However, it soon expanded into private grading for other brands and in 2016 it opened to the wider diamond industry.