Brazilian Fuel Distributors Declare Force Majeure on Ethanol

BR Distribuidora, Shell-Cosan JV invoke clause on purchases
Fuel consumption has slumped in Brazil amid coronavirus

Operations At Usina da Mata Ethanol, Sugar and Energy Plant As Brazil Expands Ethanol Tax Credit — Photographer: Paulo Fridman/Bloomberg

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By Fabiana Batista and Sabrina Valle

March 30, 2020 at 2:28 PM UTC

Updated on

March 30, 2020 at 7:53 PM UTC

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Brazil’s two largest fuel distributors declared force majeure on purchases of ethanol as the coronavirus pandemic hammers demand in Latin America’s largest economy.