EXHIBIT 21
LIST OF SUBSIDIARIES
Subsidiaries of Ashland Inc. (“AI”) at September 30, 2007, included the companies listed below. Ashland has numerous unconsolidated affiliates, which are primarily accounted for on the equity method, and majority-owned consolidated subsidiaries in addition to the companies listed below. Such affiliates and subsidiaries are not listed below since they would not constitute a significant subsidiary considered in the aggregate as a single entity.
Company | Jurisdiction of Incorporation | Immediate Parent* | ||
ASH GP LLC (“ASH GP”) | Delaware | AIHI | ||
ASH LP LLC (“ASH LP”) | Delaware | AIHI | ||
Ashland Brasil Ltda. (“ABL”) | Brazil | AHBV | ||
Ashland Canada Corp. (“ACC”) | Nova Scotia, Canada | ACHBV | ||
Ashland Canada Holdings B.V. (“ACHBV”) | Netherlands | AHBV | ||
Ashland Chemical Hispania, S.L. | Spain | AIHI | ||
Ashland Chimie France SAS (“ACF”) | France | AF | ||
Ashland Deutschland GmbH (“ADG”) | Germany | AIHI | ||
Ashland Finland Oy | Finland | AHBV 51% - ACC 49% | ||
Ashland France SAS (“AF”) | France | AHBV | ||
Ashland Holdings B.V. (“AHBV”) | Netherlands | ATCV | ||
Ashland International Holdings, Inc. (“AIHI”) | Delaware | AI | ||
Ashland Italia S.p.A. | Italy | AHBV | ||
Ashland Nederland B.V. | Netherlands | AHBV | ||
Ashland Polyester SAS | France | ACF | ||
Ashland Resinas Ltda. | Brazil | ABL | ||
Ashland UK Limited | United Kingdom | AHBV | ||
Ashmont Insurance Company, Inc. | Vermont | AI | ||
AshOne C.V. (“AOCV”) | Netherlands | ASH LP 1% - AIHI 98% - ASH GP 1% | ||
AshTwo C.V. (“ATCV”) | Netherlands | AIHI 10% - AOCV 89% - ASH GP 1% | ||
AshThree LLC | Delaware | AI | ||
Valvoline (Australia) Pty. Limited | Australia | AHBV | ||
Valvoline (Deutschland) GmbH & Co. Kg | Germany | ADG |
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*100% of the voting securities are owned by the immediate parent except as otherwise indicated.