Editing Blaafarveværket (section)

===Reduced activity 1849–1898===

The economic crisis resulting from the [[revolutions of 1848]], in addition to the competition from the new and cheaper synthetic blue dye, [[ultramarine]], led to the bankruptcy of Blaafarveværket in 1849. The company was sold to its most important business partner, Goodhall & Reeves of England. However, due to the economic recession, the new owners did not succeed in making the company profitable again, and in 1855 it was sold to a German company, Sächsischer Blaufarbenwerkverein. The production of pigment at the works ceased in 1857, but mining was kept up until 1898, when the company was dissolved.<ref>{{cite web|url=http://www.schlesischesammlungen.eu/Kolekcje/Benecke-von-Groeditzberg-Wilhelm-Christian-1779-1860-Groeditzberg|title=Wilhelm Christian Benecke von Gröditzberg (1779-1860)|publisher=Schlesischesammlungen.eu|accessdate=February 5, 2016|archive-date=December 21, 2016|archive-url=https://web.archive.org/web/20161221001016/http://www.schlesischesammlungen.eu/Kolekcje/Benecke-von-Groeditzberg-Wilhelm-Christian-1779-1860-Groeditzberg|url-status=dead}}</ref>