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"Onerous" energy costs blamed for Bridgewater's collapse

Onerous energy costs have been highlighted as the main reason for the downfall of the Bridgewater Paper Company.Further damage to the firm was caused by the age of the paper mill and general inefficiency of the technology in use. Customer pressure to push prices down (prices were reduced by 10% in 2009 as a result), against high energy costs and the high cost of waste paper also weighed on its trading results. As a result of its poor performance ...