A County Durham firm has developed a novel way of producing man-made diamonds that it says could create up to 100 jobs once at scale.
NETPark-based Dyman Advanced Materials - which currently employs seven - hopes to cut a slice of the $14bn industrial synthetic diamonds market which supplies stones for a range of sectors. The firm is led by founder Dr Gary Gibson who has previously worked for Sedgefield neighbours Kromek and had the idea for diamond production 25 years ago, as an undergraduate student.
From its Sedgefield base, Dyman has just completed its research and development and proof of concept phases for its technology - which has patents pending across the world. Having recently secured more than £800,000 investment , the firm is now moving out of the lab and into manufacturing, with hopes to launch its first products to market in the first quarter of 2023.
