EXHIBIT 21
Percentage
of Voting
State or Securities
Sovereign Owned By
Power of Immediate
Name of Company Incorporation Parent
Union Carbide Corporation (the "Corporation") New York - %
Subsidiaries included in the Consolidated Financial Statements except where
noted otherwise:
Amerchol Corporation Delaware 100.00
Benefit Capital Management Corporation Delaware 100.00
Blue Creek Coal Company, Inc. Delaware 100.00
Calidria Corporation Delaware 100.00
Catalysts, Adsorbents & Process Systems, Inc. Maryland 100.00
Dexter Realty Corporation Delaware 100.00
KTI Chemicals, Inc. Delaware 100.00
Prentiss Glycol Company Delaware 100.00
Seadrift Pipeline Corporation Delaware 100.00
UCAR Emulsion Systems FZE Dubai 100.00
UCAR Emulsion Systems International, Inc. Delaware 100.00
UCAR Louisiana Pipeline Company Delaware 100.00
UCAR Pipeline Inc. Delaware 100.00
UCAR, Polimeros y Quimicos C.A. Ecuador 100.00
UCAR Resinas Caribe Inc. Delaware 100.00
UCAR Vanor (Proprietary) Limited South Africa 100.00
Ucex (U.K.) Limited England 100.00
Umetco Minerals Corporation Delaware 100.00
Union Carbide Argentina S.A.I.C.S. Argentina 100.00
Union Carbide Asia Limited Hong Kong 100.00
Union Carbide Asia Pacific, Inc. Delaware 100.00
Union Carbide Benelux N.V. Belgium (1)
Union Carbide do Brasil S/A Brazil 100.00
Union Carbide Caribe Inc. Delaware 100.00
Union Carbide Canada Inc. Canada 100.00
Union Carbide Chemicals and Plastics
Technology Corporation Delaware 100.00
Union Carbide Chemicals (Australia) Pty. Ltd. Australia 100.00
Union Carbide Chemicals Korea Limited Korea 100.00
Union Carbide Chemicals (Malaysia) Sdn. Bhd. Malaysia 100.00
Union Carbide Comercial, C.A. Venezuela 100.00
Union Carbide Customer Services Pte. Ltd. Singapore 100.00
Union Carbide Engineering and Hydrocarbons
Service Company, Inc. Delaware 100.00
Union Carbide Ethylene Oxide/Glycol Company Delaware 100.00
Union Carbide Eurofinance B.V. Netherlands 100.00
Union Carbide (Europe) S.A. Switzerland 100.00
Union Carbide Foreign Sales Corporation US Virgin Is. 100.00
(1) 99.83% of the voting securities of Union Carbide Benelux N.V. is owned
by Union Carbide Corporation; and 00.17% by Union Carbide (Europe) S.A.
Percentage
of Voting
State or Securities
Sovereign Owned By
Power of Immediate
Name of Company Incorporation Parent
Union Carbide Formosa Co., Ltd. Taiwan 100.00
Union Carbide (Guangdong Zhongshan) Company Limited China 100.00
P.T. Union Carbide Indonesia Indonesia 100.00
Union Carbide Imaging Systems, Inc. Delaware 100.00
Union Carbide Inter-America Inc. Delaware 100.00
Union Carbide Inter-America Inc. New Jersey 100.00
Union Carbide Investimentos e Participacoes S/C Ltda. Brazil 100.00
Union Carbide Japan K.K. Japan 100.00
Union Carbide Limited England 100.00
Union Carbide Pan America, Inc. Delaware 100.00
Union Carbide Philippines (Far East) Inc. Philippines 100.00
Union Carbide Quimicos y Plasticos, S.A. de C.V. Mexico 100.00
Union Carbide Services Eastern Limited Hong Kong 100.00
Union Carbide South Africa (Proprietary) Limited South Africa 100.00
Union Carbide Subsidiary L, Inc. Delaware 100.00
Union Carbide Thailand Limited Thailand 100.00
Union Polymers Sdn. Bhd. Malaysia 60.00
Westbridge Insurance Ltd. Bermuda 100.00
Companies reported in the Consolidated Financial Statements on an Equity in
Net Assets Basis included:
Asian Acetyls Rep. of Korea 33.00
Alberta & Orient Glycol Company Limited Canada 50.00
Aspell Polymeres SNC France 50.00
Commercial Alcohols Limited Canada 50.00
Equate Petrochemical Company K.S.C. Kuwait 45.00
Nippon Unicar Company Limited Japan 50.00
Petromont and Company, Limited Partnership Canada 49.95
Petromont Inc. Canada 50.00
Polimeri Europa S.r.l. Italy 50.00
Seadrift Polypropylene Company Texas 50.00
Shawinigan Pipeline Reg'd. Canada 50.00
Union Carbide Lanka Limited Sri Lanka 49.00
UOP New York 50.00
Union Showa K.K. Japan 50.00
World Ethanol Company Illinois 50.00
* * * * * * * * * * * *
The names of the Corporation's other consolidated subsidiaries and companies
carried on an equity in net assets basis are not listed. These subsidiaries
and companies, if considered in the aggregate as a single subsidiary, would
not constitute a significant subsidiary. In addition, the Corporation has
investments in other subsidiaries and 20-to-50%-owned companies for which
financial statements are not submitted because all such subsidiaries and
companies, considered in the aggregate as a single subsidiary, would not
constitute a significant subsidiary.