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Commitments (Tables)

12 Months Ended

Dec. 31, 2019

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Contracts

Such agreements establish a minimum cargo movement of products, as shown below:


Port		Minimum movement in tons per year				Maturity
Aratu			397,000				2031
Aratu			900,000				2022
Suape			250,000				2027
Suape			400,000				2029

Minimum annual purchases

These contracts establish a minimum commitment to according to the table below:


Plant		Minimum purchase (tons) per year				Maturity
Camaçari			205,000				2021
Mauá			44,100				2023

Insurance coverage

The maximum compensation values based on the risk analysis of certain locations are shown below:


Maximum compensation value (*)
Oxiteno		US$ 1.142 (equivalent to R$ 4,603 mil l ion as of 12/31/2019) (*)
Ipiranga		R$ 1.025
Ultracargo		R$ 949
Ultragaz		R$ 266
Extrafarma		R$ 160