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Hong Kong (AFP) Nov 29, 2010 Christie's sold a 14.2 carat diamond dubbed 'The Perfect Pink' for an eye-popping 23 million US dollars on Monday, setting what the auction house described as a record for Asia. An unidentified buyer stumped up the huge price tag for the rectangular pink diamond at a jewellery auction in Hong Kong which garnered a total of 78.9 million US dollars, Christie's said. "Leading the sale was the extraordinary Perfect Pink, a rare 14.23 carat Fancy Intense Pink diamond," the auction house said, calling it "the most expensive jewel ever sold at auction in Asia". "The Perfect Pink is a phenomenon in the world of gems," it said. The diamond's pre-sale high estimate was about 19 million US dollars. In 2009, a five-carat chickpea-sized vivid pink gem set a per-carat world record price for a diamond when it fetched 10.8 million dollars at an auction in Hong Kong.
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Kuwait's Equate launches first green CO2 projectShuaiba, Kuwait (AFP) Nov 28, 2010 Kuwait's Equate Petrochemicals Co. launched on Sunday the oil-rich Gulf state's first green carbon project which will use more than 150,000 tonnes of carbon dioxide (CO2) annually. Under the scheme, Equate, a Kuwait-US joint venture, will capture CO2 emissions which will then be carried by a pipeline and injected into a special plant under construction, Equate president Hamad al-Terkait said ... read more |
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