Clients COSAN sells ethanol, anhydrous and hydrated ethanol, mainly through fuel distributors in Brazil. Among such distributors, we mention Petrobras Distribuidora S.A., Shell Brasil Ltda., Esso Brasileira de Petróleo Ltda., Texaco Brasil S.A. Produtos de Petróleo and Cia Brasileira de Petróleo Ipiranga, among others. COSAN exports approximately 36% of its ethanol production, basically composed of comprising industrial ethanol, neutral ethanol and fuel ethanol. Main clients are export and import companies, such as Gammadion Ltd. and Vertical UK LLP, which distribute products in the United States, Japan and Europe; and Kolmar Petrochemicals, which distributes in the United States.