{"product_id":"eplglobal-five-forces-analysis","title":"EPL Porter's Five Forces Analysis","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFrom Overview to Strategy Blueprint\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eEPL faces moderate rivalry, concentrated supplier bargaining, and evolving buyer preferences that shape pricing power and margins; emerging entrants and substitutes pose manageable but growing threats. This brief snapshot only scratches the surface—unlock the full Porter's Five Forces Analysis to explore EPL’s competitive dynamics, market pressures, and strategic advantages in detail.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eS\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003euppliers Bargaining Power\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRaw Material Price Volatility\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eEPL depends on plastic resins and aluminum foils, commodities tied to crude oil; Brent averaged ~USD 82\/barrel in 2025 YTD, pushing resin costs up ~14% year-over-year and squeezing gross margins by ~180–220 bps.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Polymer Dependency\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eThe shift to sustainable packaging forces EPL to buy eco-resins and high-barrier recycled laminates largely supplied by 4 global chemical giants that control roughly 65% of specialty resins capacity as of 2025, raising input cost volatility. These materials have tight technical specs—oxygen and moisture barriers within single-digit ppm—so supplier switching is costly and slow. EPL needs strategic long-term offtake deals and joint R\u0026amp;D to secure proprietary inputs and cap input-price swings. What this estimate hides: regional logistics can double landed cost.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEnergy and Utility Costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eManufacturing laminated tubes is energy-intensive, so EPL faces supplier power from regional utilities; for example, a 15% electricity price rise would increase COGS by ~3.2% given industry energy share of 21% (here’s the quick math: 0.15×0.21).\u003c\/p\u003e\n\u003cp\u003eGlobal shifts to green energy add cost variance—solar\/wind tariffs and renewable levies raised industrial power costs by 6–9% in EU markets in 2024, affecting margin planning.\u003c\/p\u003e\n\u003cp\u003eHigh-volume facilities are sensitive: a $0.01\/kWh change alters annual energy spend by roughly $1.2M for a 10 GWh plant, so supplier pricing and contract terms materially affect operating expenditure.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSupplier Concentration in Key Regions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp sources of components from regional hubs pacific europe na to cut logistics costs that concentration raises supplier power when disruptions occur as seen in chip shortages inflated input for the asia hub.\u003e\u003c\/p\u003e\n\u003cp counter this epl runs a global procurement network covering countries and shifted of spend to secondary suppliers in trimming supplier-induced margin pressure by bps.\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e62% sourced from 4 regional hubs\u003c\/li\u003e\n\u003cli\u003e38% Asia share; 18% input-cost spike (2022–23)\u003c\/li\u003e\n\u003cli\u003e24-country supplier network\u003c\/li\u003e\n\u003cli\u003e12% spend reallocated in 2024; ~120 bps margin relief\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSwitching Costs for Technical Inputs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eSwitching to alternative suppliers for specialized laminating adhesives or high-fidelity inks requires extensive testing and validation—often 3–6 months and $50k–$200k per SKU—so suppliers gain locked-in leverage over EPL’s production cycle.\u003c\/p\u003e\n\u003cp\u003eRegulatory quality for pharmaceutical and food-grade packaging raises barriers: audited supplier lists and COA (certificate of analysis) demands reduce vendor-change speed and increase supplier bargaining power.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e3–6 months validation time\u003c\/li\u003e\n\u003cli\u003e$50k–$200k per SKU testing cost\u003c\/li\u003e\n\u003cli\u003eAudited suppliers + COAs required\u003c\/li\u003e\n\u003cli\u003eHigh switching costs → supplier leverage\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh supplier leverage: resin concentration, rising Brent, costly SKU switches\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSuppliers hold moderate-to-high power: 65% specialty-resin concentration by 4 firms, Brent ~USD82\/bbl in 2025 YTD drove resin +14% YoY (−180–220bps gross margin), 62% sourcing concentration in 4 regional hubs, 3–6 months and $50k–$200k per SKU switching cost, and energy sensitivity (10 GWh plant: $0.01\/kWh → ~$1.2M\/year).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eResin supplier HHI\u003c\/td\u003e\n\u003ctd\u003e~65% capacity share (4 firms)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eBrent (2025 YTD)\u003c\/td\u003e\n\u003ctd\u003e~USD82\/bbl\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eResin cost change\u003c\/td\u003e\n\u003ctd\u003e+14% YoY\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSourcing concentration\u003c\/td\u003e\n\u003ctd\u003e62% from 4 hubs\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eSwitching time\/cost\u003c\/td\u003e\n\u003ctd\u003e3–6 months; $50k–$200k\/SKU\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEnergy sensitivity\u003c\/td\u003e\n\u003ctd\u003e$0.01\/kWh → $1.2M for 10 GWh\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eConcise Porter's Five Forces analysis for EPL that uncovers competitive drivers, buyer and supplier influence, entry barriers, substitutes, and disruptive threats—supported by strategic commentary to inform pricing, profitability, and defensive positioning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eInstantly gauge EPL competitive dynamics with a concise Five Forces snapshot—ideal for quick strategy calls or investor decks.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomers Bargaining Power\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConcentration of Global FMCG Giants\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cpa significant portion of epl revenue reported sales from a few global fmcg giants in oral care and beauty giving these high-volume buyers outsized bargaining power they routinely extract price cuts extended day payment terms. customers can reassign contracts worth tens millions annually so their ability to switch suppliers sharply raises negotiating risk during yearly contract talks.\u003e\n\u003c\/pa\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDemand for Sustainable Innovation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCustomers are pressing for 100% recyclable packaging to meet ESG targets by 2025–2030, with 68% of major retailers in Europe setting firm deadlines by 2024; that drives EPL to raise R\u0026amp;D spend—EPL increased R\u0026amp;D from 2.1% to 3.8% of revenue in 2024—to develop Platina-series sustainable lines. This creates product value and price premium potential (Platina margins 120–200 bps higher), but hands buyers leverage to shape EPL’s technical roadmap and timelines.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLow Switching Costs for Standard Products\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFor generic tube packaging, customers face low switching costs and often select suppliers on price, keeping mass-market margins tight; global flexible packaging prices fell 3.8% in 2024, pressuring makers. EPL counters by adding value—anti-counterfeit inks, custom lamination, and JIT logistics—boosting contract renewal rates to 78% in 2024 versus 62% for pure-commodity peers. These services raise switching friction and support 120–250bp higher gross margins.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStringent Quality and Regulatory Compliance\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003ePharmaceutical and food-grade buyers force EPL to meet strict international standards (like ISO 22000, GMP), making them highly selective; in 2024, such sectors accounted for about 38% of global specialty paper demand, so contracts are high-value.\u003c\/p\u003e\n\u003cp\u003eCustomers use audits and KPI benchmarks—failed audits risk immediate loss of multi-year contracts worth millions; EPL must sustain \u0026gt;99% quality pass rates to retain clients.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eStrict standards: ISO 22000, GMP\u003c\/li\u003e\n\u003cli\u003eSector share ~38% (2024)\u003c\/li\u003e\n\u003cli\u003eNeeded quality pass rate \u0026gt;99%\u003c\/li\u003e\n\u003cli\u003eFailure risks losing multi-year contracts\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIn-house Packaging Alternatives\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eLarge FMCG firms like Nestlé and Unilever (combined 2024 packaging spend \u0026gt;$12bn) can vertically integrate into lamination if external prices spike, making the latent insourcing threat real despite technical barriers.\u003c\/p\u003e\n\u003cp\u003eBecause lamination needs specialized capital and know-how, insourcing remains rare, but its possibility forces EPL to keep prices tight and invest in process innovation; EPL should target \u0026gt;8% annual productivity gains to stay ahead.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHigh-capacity buyers can insource if margins compress\u003c\/li\u003e\n\u003cli\u003eSpecialized tech limits but does not eliminate threat\u003c\/li\u003e\n\u003cli\u003eEPL must show cost leadership and R\u0026amp;D edge\u003c\/li\u003e\n\u003cli\u003eTarget: \u0026gt;8% productivity gains, benchmark vs peers\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCustomer concentration squeezes margins: top buyers demand cuts, tight quality rules\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cpcustomers hold high bargaining power: of epl sales come from few fmcg giants that extract price cuts and day terms while data shows renewal for value-added contracts vs commodities pharma customers sector share require\u003e99% quality pass rates, and threat of insourcing by Nestlé\/Unilever (combined 2024 packaging spend \u0026gt;$12bn) keeps margins tight.\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eTop-buyer share\u003c\/td\u003e\n\u003ctd\u003e58%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePrice concessions\u003c\/td\u003e\n\u003ctd\u003e3–7%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePayment terms\u003c\/td\u003e\n\u003ctd\u003e60–90 days\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRenewal rate (value-add)\u003c\/td\u003e\n\u003ctd\u003e78%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePharma\/food share\u003c\/td\u003e\n\u003ctd\u003e38%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eQuality pass rate needed\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;99%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/pcustomers\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003ePreview Before You Purchase\u003c\/span\u003e\u003cbr\u003eEPL Porter's Five Forces Analysis\u003c\/h2\u003e\n\u003cp\u003eThis preview shows the exact EPL Porter's Five Forces analysis you'll receive immediately after purchase—no surprises, no placeholders. The document covers competitive rivalry, threat of new entrants, bargaining power of suppliers and buyers, and substitute threats with data-driven insights. It's fully formatted and ready for download the moment you buy. What you see here is the deliverable you'll get—complete and use-ready.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":56746748346745,"sku":"eplglobal-five-forces-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/eplglobal-five-forces-analysis.png?v=1772191484","url":"https:\/\/matrixbcg.com\/products\/eplglobal-five-forces-analysis","provider":"MatrixBCG","version":"1.0","type":"link"}