Exhibit 21
HEADWATERS INCORPORATED
Subsidiaries
The ownership of each direct and indirect subsidiary is 100%, except where indicated below.
Construction Materials
• | Headwaters Construction Materials, Inc., a Utah corporation |
The following subsidiaries are part of HCM’s block, mortar and stucco group:
• | Best Masonry & Tool Supply, LLC, a Texas limited liability company |
• | Don’s Building Supply, LLC, a Texas limited liability company |
• | FlexCrete Building Systems, LC, a Utah limited liability company, of which HRI is a 90% member |
• | Headwaters Construction Materials, LLC, a Texas limited liability company |
• | HCM FlexCrete, LLC, a Texas limited liability company |
• | HCM Utah, Inc., a Utah corporation |
The following subsidiaries are part of HCM’s manufactured architectural stone group:
• | Chihuahua Stone LLC, a Utah limited liability company |
• | Eldorado G-Acquisition Co., a Utah corporation |
• | Eldorado SC-Acquisition Co., a Utah corporation |
• | Eldorado Stone LLC, a Delaware limited liability company |
• | Eldorado Stone Acquisition Co., LLC, a Delaware limited liability company |
• | Eldorado Stone Funding Co., LLC, a Utah limited liability company |
• | Eldorado Stone Operations LLC, a Utah limited liability company |
• | Eldorado Stone Philippines, Inc., a Philippines corporation |
• | HCM Stone, LLC, a Utah limited liability company |
• | L-B Stone LLC, a Utah limited liability company |
• | Piedras Headwaters, S. de R.L. de C.V., a Mexican limited liability company |
The following subsidiaries are part of HCM’s shutters, siding and tools group:
• | Atlantic Shutter Systems, Inc., a South Carolina corporation |
• | Metamora Products Corporation of Elkland, a Pennsylvania corporation |
• | Metamora Products Corporation, a Michigan corporation |
• | MTP, Inc., an Ohio corporation |
• | Tapco Europe Limited, formed in the United Kingdom |
• | Tapco International Corporation, a Michigan corporation |
Alternative Energy
• | Headwaters Energy Services Corp., a Utah corporation |
The following subsidiaries are part of HES’ coal cleaning group:
• | Covol Engineered Fuels, LC, a Utah limited liability company |
• | Covol Fuels No. 2, LLC, a Utah limited liability company |
• | Covol Fuels No. 3, LLC, a Utah limited liability company |
• | Covol Fuels No. 4, LLC, a Utah limited liability company |
• | Covol Fuels No. 5, LLC, a Utah limited liability company |
The following subsidiaries are part of HES’ alternative coal-based synthetic fuel group:
• | Covol Coal Company, LLC, a Utah limited liability company |
• | Covol Services Corporation, a Utah corporation; |
• | Environmental Technologies Group, LLC, a Utah limited liability company |
• | Headwaters Synfuel Investments, LLC, a Utah limited liability company |
The following subsidiaries are part of HES’ liquid fuels group:
• | American Lignite Energy, LLC, a Delaware limited liability company, of which Headwaters Energy Services Corp. is a 40% member |
• | Blue Flint Ethanol LLC, a Delaware limited liability company |
• | Headwaters CTL, LLC, a Utah limited liability company |
• | Headwaters Ethanol Operators, LLC, a Utah limited liability company |
• | HES Ethanol Holdings, LLC, a Utah limited liability company |
The following subsidiaries are part of Headwaters’ specialty chemical group:
• | Degussa Headwaters LLP, formed in the United Kingdom, of which Headwaters Incorporated is a 50% member |
• | Degussa Headwaters Korea Co., Ltd., a Korean limited liability company, of which Headwaters Incorporated is a 50% member |
• | Headwaters Heavy Oil, LLC, a Utah limited liability company |
• | Headwaters Heavy Oil Canada, ULC, formed in Nova Scotia, Canada |
• | Headwaters Refinery Investments, Inc., a Utah corporation |
Coal Combustion Products
• | Headwaters Resources, Inc., a Utah corporation |
• | Headwaters Resources Limited, formed in New Brunswick, Canada |
• | Headwaters Services Corporation, a Utah corporation |
• | VFL Technology Corporation, a Pennsylvania corporation |
Research and Development
• | Headwaters Technology Innovation Group, Inc., a Utah corporation |
Other Subsidiaries
• | Global Climate Reserve Corporation, a Utah corporation |