{"id":238228,"date":"2026-07-07T06:08:59","date_gmt":"2026-07-07T04:08:59","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/ivory-coast\/cote-divoire-brvm-listed-filtisac-shuts-spinning-unit-as-profit-falls\/"},"modified":"2026-07-07T06:08:59","modified_gmt":"2026-07-07T04:08:59","slug":"cote-divoire-brvm-listed-filtisac-shuts-spinning-unit-as-profit-falls","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/ivory-coast\/cote-divoire-brvm-listed-filtisac-shuts-spinning-unit-as-profit-falls\/","title":{"rendered":"Cote d&#8217;Ivoire: BRVM-Listed Filtisac Shuts Spinning Unit As Profit Falls"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"25\">Filtisac SA will close its spinning workshop as the Ivorian packaging company restructures its jute business after a sharp drop in profit and cash flow.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"38\">The BRVM-listed company said the closure is part of a plan to rationalize its jute operations, which have been hit by higher production costs and supply problems. Instead of producing jute yarn in-house, Filtisac will buy ready-made spools.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"36\">A union said the decision will remove 58 jobs in the spinning workshop, with 26 additional layoffs&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202607060010.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Ivory Coast\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/ivory-coast\/\">C\u00f4te d\u2019Ivoire (Ivory Coast)<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Filtisac SA will close its spinning workshop as the Ivorian packaging company restructures its jute business after a sharp drop in profit and cash flow. The BRVM-listed company said the closure is part of a plan to rationalize its jute operations, which have been hit by higher production costs and supply problems. Instead of producing [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":188473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1087],"tags":[258,256,50020,5958,6183,6555,5959,7668,54788,1218,257,15693,5223,254,35198,13013],"class_list":["post-238228","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ivory-coast","tag-africa","tag-africa-news","tag-brvmlisted","tag-cote","tag-cote-divoire","tag-cote-divoire-news","tag-divoire","tag-falls","tag-filtisac","tag-ivory-coast-news","tag-news","tag-profit","tag-shuts","tag-south-africa-today","tag-spinning","tag-unit"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/238228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=238228"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/238228\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=238228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=238228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=238228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}