TERRA INDUSTRIES INC.
MAJORITY AND PARTIALLY OWNED SUBSIDIARIES
February 25, 2008
MAJORITY AND PARTIALLY OWNED SUBSIDIARIES
February 25, 2008
Exhibit 21.1
| Percentage | Percentage | |||||
| Name of Company | Held by TRA | Held by Sub | Jurisdiction | |||
| I.Inspiration Coal Inc. | 100 | Delaware | ||||
| II.Inspiration Consolidated Copper Company | 100 | Maine | ||||
which owns | ||||||
| A. Inspiration Development Company | 100 | Delaware | ||||
| III.Inspiration Gold Incorporated | 100 | Delaware | ||||
| IV. Terra Capital Holdings, Inc. | 100 | Delaware | ||||
which owns | ||||||
| A. Terra Capital, Inc. | 100 | Delaware | ||||
which owns | ||||||
| 1. Terra Methanol Corporation | 100 | Delaware | ||||
| 2. Terra Environmental Technologies Inc. | 100 | Delaware | ||||
| 3. Terra International, Inc. | 100 | Delaware | ||||
which owns | ||||||
| a. Terra International (Oklahoma) Inc. | 100 | Delaware | ||||
| b. Terra Real Estate Corporation | 100 | Iowa | ||||
| c. Terra Real Estate Development Corporation | 100 | Iowa | ||||
| d. Terra Express, Inc. | 100 | Delaware | ||||
| e. Terra International (Canada) Inc. | 100 | Ontario, Canada | ||||
which owns | ||||||
1. GrowHow U.K. Limited1 | 50 | England | ||||
| f. Port Neal Corporation | 100 | Delaware | ||||
| 4. BMC Holdings, Inc. | 100 | Delaware | ||||
which owns | ||||||
| a. Beaumont Holdings Corporation | 100 | Delaware | ||||
which owns | ||||||
1. Terra (U.K.) Holdings Inc.2 | 73 | Delaware | ||||
which owns | ||||||
| a. Beaumont Ammonia Inc. | 100 | Delaware |
| 1 | Terra International (Canada) Inc. owns 50% of GrowHow U.K. Limited | |
| 2 | Terra Methanol Corporation owns 27% of Terra (U.K.) Holdings, Inc. |
TERRA INDUSTRIES INC.
MAJORITY AND PARTIALLY OWNED SUBSIDIARIES
February 25, 2008
MAJORITY AND PARTIALLY OWNED SUBSIDIARIES
February 25, 2008
| Percentage | Percentage | |||||
| Name of Company | Held by TRA | Held by Sub | Jurisdiction | |||
| 5. Terra Nitrogen Corporation (“TNC”) | 100 | Delaware | ||||
which owns | ||||||
a.Terra Nitrogen Company, L.P. (“TNCLP”)3 | 75.3 | Delaware | ||||
which owns | ||||||
1.Terra Nitrogen, Limited Partnership (“TNLP”)4 | 99 | Delaware | ||||
a. Oklahoma Co2 Partnership | 50 | Oklahoma | ||||
| 5. Terra Nitrogen GP Holdings Inc. (“TNGPHI”) | 100 | Delaware | ||||
which owns | ||||||
| a.Terra Nitrogen GP Inc. (“TNGPI”) | 100 | Delaware | ||||
| 6. Terra Mississippi Holdings Corp. | 100 | Mississippi | ||||
which owns | ||||||
| a. Terra Mississippi Nitrogen, Inc. | 100 | Delaware | ||||
which owns | ||||||
1. Houston Ammonia Terminal, L.P.5 | 49.5 | Delaware | ||||
| b. Terra Houston Ammonia, Inc. | 100 | Delaware | ||||
c. Farmland Mississippi Chemical LLC6 | 50 | Delaware | ||||
| d. Terra V.I. Holdings Inc. | 100 | British Virgin Islands | ||||
which owns | ||||||
| 1. Terra (Barbados) SRL | 100 | Barbados | ||||
which owns | ||||||
| a. Terra Trinidad Limited | 100 | Trinidad and Tobago | ||||
which owns | ||||||
1. Point Lisas Nitrogen, Ltd.7 | 50 | Trinidad and Tobago |
| 3 | TNC owns 60.761% LP interest directly; its parent, Terra Capital, Inc., owns 14.535% LP interest; and TNGPI owns 0.025% GP interest and is the General Partner. | |
| 4 | TNC owns 0.975% LP interest and TNGPI owns 0.025% GP interest of TNLP. | |
| 5 | Terra Mississippi Nitrogen, Inc. owns 49.5% LP interest; Terra Houston Ammonia Inc. owns .5% GP interest and PCS owns the remaining 50%. | |
| 6 | Koch Nitrogen Company owns the other 50% of Farmland Mississippi Chemical LLC | |
| 7 | KNC Trinidad Limited owns the other 50% of Point Lisas Nitrogen, Ltd. |