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Discover how a legacy of steel belt innovation continues to shape global industrial processes.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fipco-celebrates-sandvik-process-systems-heritage-at-125-oMgMoA.jpg","2026-05-26T21:31:26+05:30",{"title":20,"slug":21,"excerpt":22,"imageUrl":23,"publishedAt":24,"author":11,"category":12},"Centric Software Enables Groupe GODET to Structure and Scale Complex Technical Product Data","centric-software-enables-groupe-godet-to-structure-and-scale-complex-technical-product-data","Discover how Groupe GODET scales its complex technical catalog with Centric Software’s PXM solution to drive digital transformation and growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcentric-software-enables-groupe-godet-to-structure-and-scale-complex-technical-product-data-2cP5Cb.jpeg","2026-05-26T20:59:42+05:30",{"title":26,"slug":27,"excerpt":28,"imageUrl":29,"publishedAt":30,"author":11,"category":12},"SUBCON Thailand 2026 Hits US$ 705 Million in Parts Trade","subcon-thailand-2026-hits-us-705-million-in-parts-trade","Discover how SUBCON Thailand 2026 drove $705M in industrial trade, connecting global manufacturers with top Thai suppliers in key sectors.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fsubcon-thailand-2026-hits-us-705-million-in-parts-trade-s4mwHD.jpg","2026-05-26T01:52:55+05:30",{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":11,"category":12},"ANSCER Robotics Secures US $5.4 M Led by IAN Alpha Fund","anscer-robotics-secures-us-54-m-led-by-ian-alpha-fund","ANSCER Robotics raises $5.4M to scale its AI-native warehouse automation platforms globally. See how they are redefining supply chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fanscer-robotics-secures-us-54-m-led-by-ian-alpha-fund-iIkfI8.jpg","2026-05-26T01:28:52+05:30",{"title":38,"slug":39,"excerpt":40,"imageUrl":41,"publishedAt":42,"author":11,"category":12},"Belrise Industries Delivers Strong FY26 Earnings and Strategic OEM Wins","belrise-industries-delivers-strong-fy26-earnings-and-strategic-oem-wins","Belrise Industries reports strong FY26 results with a 41% jump in net profit and major global acquisitions in the aerospace manufacturing sector.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fbelrise-industries-delivers-strong-fy26-earnings-and-strategic-oem-wins-iXDbRw.jpg","2026-05-25T18:53:18+05:30",{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},"Covestro, EMPTECH Partner on High-Security ID Solutions ","covestro-emptech-partner-on-high-security-id-solutions","Covestro and EMPTECH join forces to develop high-security ID document solutions, combining advanced material science with personalization technology.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcovestro-emptech-partner-on-high-security-id-solutions.jpg","2026-05-25T00:53:14+05:30",{"title":50,"slug":51,"excerpt":52,"imageUrl":53,"publishedAt":54,"author":11,"category":12},"Castrol India Appoints Anoop Jindal as Vice-President B2B Sales","castrol-india-appoints-anoop-jindal-as-vice-president-b2b-sales","Castrol India elevates Anoop Jindal to Vice President of B2B Sales for OEM & South Asia, effective June 2026. Discover his impact.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fcastrol-india-appoints-anoop-jindal-as-vice-president-b2b-sales.jpg","2026-05-24T21:06:54+05:30",{"title":56,"slug":57,"excerpt":58,"imageUrl":59,"publishedAt":60,"author":11,"category":12},"Exel Composites, De Angeli Prodotti Advance European Grid Modernization   ","exel-composites-de-angeli-prodotti-advance-european-grid-modernization","Discover how Exel Composites and De Angeli Prodotti are upgrading aging European power grids using innovative carbon fiber tech to double transmission capacity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fexel-composites-de-angeli-prodotti-advance-european-grid-modernization.jpg","2026-05-24T18:05:23+05:30",{"title":62,"slug":63,"excerpt":64,"imageUrl":65,"publishedAt":66,"author":11,"category":12},"Man Industries Completes US$ 102M Acquisition of Saudi Pipe Manufacturer NPC","man-industries-completes-us-102m-acquisition-of-saudi-pipe-manufacturer-npc","Man Industries expands its global footprint with a US$ 102M acquisition of Saudi-based National Pipe Co. 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Explore how domestic demand and industrial policy are driving success.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fnews\u002Fvdma-india-members-expect-sustained-revenue-growth-in-india.jpeg","2026-05-24T14:44:59+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"Advait Energy Transitions, TECO Fuel Cell Technology Sign MoU at India-Nordic Summit","advait-energy-transitions-teco-fuel-cell-technology-sign-mou-at-india-nordic-summit","Advait Energy Transitions and Norway’s TECO Fuel Cell Technology sign a landmark MoU to manufacture hydrogen fuel cells in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FEsiBQ6tM9acM3NhWbEl0.jpeg","2026-05-19T23:27:04+05:30",{"first":80,"last":81,"prev":82,"next":83},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=119",null,"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=2",{"current_page":85,"from":85,"last_page":86,"links":87,"path":139,"per_page":140,"to":140,"total":141},1,119,[88,91,94,97,101,105,109,113,117,121,125,129,131,135,137],{"url":82,"label":89,"page":82,"active":90},"&laquo; Previous",false,{"url":80,"label":92,"page":85,"active":93},"1",true,{"url":83,"label":95,"page":96,"active":90},"2",2,{"url":98,"label":99,"page":100,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=3","3",3,{"url":102,"label":103,"page":104,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=4","4",4,{"url":106,"label":107,"page":108,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=5","5",5,{"url":110,"label":111,"page":112,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=6","6",6,{"url":114,"label":115,"page":116,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=7","7",7,{"url":118,"label":119,"page":120,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=8","8",8,{"url":122,"label":123,"page":124,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=9","9",9,{"url":126,"label":127,"page":128,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=10","10",10,{"url":82,"label":130,"active":90},"...",{"url":132,"label":133,"page":134,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=118","118",118,{"url":81,"label":136,"page":86,"active":90},"119",{"url":83,"label":138,"page":96,"active":90},"Next &raquo;","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1418,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},1397,"Covestro Appoints New CFO Amid Leadership Transition","covestro-appoints-new-cfo-amid-leadership-transition","Covestro AG announces Klaus Fröhlich as its new CFO, effective October 2026, marking a strategic leadership transition for the global chemicals firm.","\u003Cp >\u003Cimg style=\"float: left\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002F1920_photograph-klausfroehlich.jpg\" alt=\"\" width=\"214\" height=\"183\" \u002F>Covestro AG&rsquo;s Supervisory Board has unanimously decided to appoint Klaus Fr&ouml;hlich as the new Chief Financial Officer (CFO). The 53-year-old will assume the role from Christian Baier effective October 1, 2026. Baier will leave the company on September 30, 2026. At the same time, Fr&ouml;hlich will become a member of the Board of Management of Covestro AG.&nbsp;&nbsp;\u003C\u002Fp>\r\n\u003Cp >Rainer Seele, Chairman of the Supervisory Board, Covestro, said, &ldquo;Fr&ouml;hlich is a proven financial expert with many years of experience in managing finances and companies in challenging market environments. With his clear financial perspective and his focus on performance, efficiency, and value creation, he will play an important role in further strengthening Covestro&rsquo;s competitiveness and in driving the consistent execution of the company&rsquo;s strategy.&rdquo;\u003C\u002Fp>\r\n\u003Cp >&ldquo;I am very much looking forward to my new role at Covestro and would like to thank the Supervisory Board for its trust,&rdquo; said Fr&ouml;hlich. &ldquo;The company has a strong technological foundation, dedicated employees, and a clear strategic direction. Together with the Board of Management and teams worldwide, I aim to contribute to advancing the company&rsquo;s transformation and enabling sustainable, profitable growth.&rdquo;\u003C\u002Fp>\r\n\u003Cp >Fr&ouml;hlich is Group Chief Investment Officer at the energy and chemical company ADNOC and has more than 25 years of experience in finance and international investment banking. He previously served as Chief Financial Officer in Saudi Arabia and worked for Morgan Stanley, most recently as Head of Investment Banking for the Middle East and North Africa.\u003C\u002Fp>\r\n\u003Cp >\u003Cstrong>Orderly Succession in the Finance Function \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp >Former Chief Financial Officer Christian Baier informed the Supervisory Board in December 2025 that he would not extend his contract and would leave Covestro at the end of his term in September 2026. With this early decision, he enabled a planned and orderly transition of his succession. Until his departure, Baier will continue to perform his duties in full.\u003C\u002Fp>\r\n\u003Cp >The Supervisory Board extended their thanks to Baier for his dedication and for his important role during a strategically decisive phase for Covestro, particularly in further developing the company&rsquo;s strategy and successfully implementing key transformation initiatives.\u003C\u002Fp>\r\n\r\n\u003Cp >For more information: \u003Cstrong>www.covestro.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002Fj1ZzmuihpUTlhYygxMIi.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FMay2026\u002Fj1ZzmuihpUTlhYygxMIi.jpg","2026-05-07T18:30:33+05:30",0,"Klaus Fröhlich will officially join the Covestro AG Board of Management on October 1, 2026.\nOutgoing CFO Christian Baier announced his decision not to renew his contract back in December 2025.\nFröhlich brings over 25 years of global investment banking and financial management experience to the role.","Big changes at the top for Covestro AG. The company has officially announced the appointment of Klaus Fröhlich as its new Chief Financial Officer, succeeding Christian Baier effective October 1, 2026. Fröhlich joins the team from ADNOC, bringing over two decades of international finance and investment banking expertise to his new role. This planned, orderly transition ensures stability as the company continues to execute its long-term strategic initiatives and drive sustainable growth. We thank Christian Baier for his significant contributions during this transformation phase and look forward to seeing the impact of this new leadership chapter. Are you keeping an eye on executive shifts within the chemical and manufacturing sectors? Stay informed with Magic Wand Media. #Covestro #ExecutiveLeadership #CorporateFinance #IndustryNews","Leadership transition at Covestro: Klaus Fröhlich is set to take over as CFO in October 2026. A strategic move to bolster the company’s long-term financial performance and market competitiveness. #Covestro #ExecutiveMovements","Major leadership update from the chemical industry! 🧪 Covestro AG has named Klaus Fröhlich as their incoming CFO, starting October 2026. Fröhlich brings massive experience from his time at ADNOC and Morgan Stanley to the board. 📈 \n\nOutgoing CFO Christian Baier has been praised for his steady hand during the company’s recent strategic transformation. It’s all about smooth transitions and sustainable growth for the future! 💼✨\n\nWhat are your thoughts on this major corporate shift? Let us know below! 👇\n\n#Covestro #BusinessNews #CFO #ChemicalIndustry #LeadershipChange #CorporateStrategy #ExecutiveHiring",{"title":145,"description":147,"keywords":158},"covestro, cfo appointment, corporate leadership, chemical industry news, executive transition, business strategy, finance leadership, adnoc, b2b industry updates",{"title":160,"slug":161,"imageUrl":162},"Aptiv Signs MoU with Comau for Smart Factory Solutions","aptiv-signs-mou-with-comau-for-smart-factory-solutions","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FD8G5abxy1hvEiGP8miix.png",{"title":164,"slug":165,"imageUrl":166},"Schaeffler’s Integrated Actuator Platform Wins 2026 HERMES AWARD","schaefflers-integrated-actuator-platform-wins-2026-hermes-award","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FlM8fRlpbcxlSd0yNqT0g.jpeg",{"id":82,"src":168,"path":169,"track_path":82,"alt":170,"raw":171,"ts":172},"\u002Fimages\u002Fassets\u002Ftop_feature.jpg","\u002Fcontact-us","Advertise Here","",1779990533,{"data":174,"links":179,"meta":183},[175],{"title":176,"youtubeUrl":177,"createdAt":178},"What’s Headlining at the Jyoti CNC Automation Ltd. 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