EXHIBIT 21 SUBSIDIARIES OF THE COMPANY The following table sets forth the name and state or other jurisdiction of incorporation of the Company's subsidiaries. Except as otherwise indicated, each subsidiary is wholly-owned, directly or indirectly, by the Company and does business under its corporate name. Anpak Limited England Creative Packaging Corporation* Japan Cryovac AG Switzerland Cryovac AS Norway Cryovac Australia Pty. Ltd. Australia Cryovac Belgium N.V. Belgium Cryovac Brazil Ltda. Brazil Cryovac B.V. Netherlands Cryovac Chile Holdings, LLC. Delaware Cryovac Chile Industrial Ltda. Chile Cryovac China Holdings I, Inc. China Cryovac Embalagens Ltda. Brazil Cryovac Far East Holdings, LLC. Delaware Cryovac (Gaoming) Co., Ltd.** China Cryovac Holdings, LLC Delaware Cryovac Holdings, S.A. de C.V. Mexico Cryovac, Inc. Delaware Cryovac India Private Limited India Cryovac International Holdings, Inc. Delaware Cryovac Japan K.K. Japan Cryovac Korea Inc. Korea Cryovac (Malaysia) Sdn Bhd Malaysia Cryovac Multiflex GmbH Germany Cryovac Oy Finland Cryovac Packaging Portugal Embalagens, Portugal Lda. Cryovac (Philippines) Inc. Philippines Cryovac Poland Holdings, Inc. Delaware Cryovac Poland Sp. z.o.o. Poland Cryovac Rigid Packaging Pty. Ltd. Australia Cryovac (Singapore) Pte. Ltd. Singapore Cryovac S.p.A. Italy Cryovac Sweden AB Sweden Cryovac Systems Hong Kong Limited Hong Kong Cryovac (Thailand) Limited Thailand Cryovac Verpackungen GmbH Germany Limited Liability Company "Sealed Air" Russia Omni Supply Inc.** North Carolina PolyMask Corporation* Delaware Polypride, Inc. Delaware Producembal-Producao de Embalagens, Lda. Portugal Sealed Air Africa (Pty) Limited South Africa Sealed Air Argentina S.A. Argentina Sealed Air Australia Pty. Limited Queensland, Australia Sealed Air Brasil Ltda. Brazil Sealed Air B.V. Netherlands Sealed Air (Canada) Inc. Canada Sealed Air Central America, S.A. Guatemala Sealed Air Colombia Ltda. Colombia Sealed Air Corporation (US) Delaware Sealed Air Denmark A/S Denmark Sealed Air Embalagens Ltda.** Brazil Sealed Air Finance B.V. Netherlands Sealed Air Finance II B.V. Netherlands Sealed Air (Gaoming) Packaging Co., Ltd. China Sealed Air GmbH Germany Sealed Air Hellas S.A. Greece Sealed Air Holdings (New Zealand) Limited New Zealand Sealed Air (Hong Kong) Limited Hong Kong Sealed Air Hungary Ltd. Hungary Sealed Air International LLC England Sealed Air (Israel) Ltd.*** Israel Sealed Air Japan Limited Nevada Sealed Air (Korea) Limited Korea Sealed Air Limited England Sealed Air Limited Ireland Sealed Air LLC Delaware Sealed Air (Malaysia) Sdn. Bhd. Malaysia Sealed Air de Mexico, S.A. de C.V. Mexico Sealed Air Norge AS Norway Sealed Air N.V. Belgium Sealed Air (NZ) Limited New Zealand Sealed Air Oy Finland Sealed Air Packaging Holdings (Israel) Israel Ltd. Sealed Air Packaging S.A.** France Sealed Air Packaging, S.A. Spain Sealed Air Packaging (Shanghai) Co., Ltd. China Sealed Air Peru S.R.L. Peru Sealed Air S.L. Spain Sealed Air (Philippines) Inc. Philippines Sealed Air Polska Sp. z.o.o. Poland Sealed Air S.A. France Sealed Air (Singapore) Pte. Limited Singapore Sealed Air Packaging S.p.A. Italy Sealed Air s.r.o Czech Republic Sealed Air Svenska AB Sweden Sealed Air Taiwan Limited Taiwan Sealed Air Thailand Limited Thailand Sealed Air Trucking, Inc. Delaware Sealed Air Uruguay S.A. Uruguay Sealed Air de Venezuela, S.A. Venezuela Soinpar Industrial Ltda. Brazil Tart spol s.r.o.*** Czech Republic ZAO Sealed Air Kaustik** Russia - ------------------------ * The Company directly or indirectly owns 50% of the outstanding shares. ** The Company directly or indirectly owns a majority of the outstanding shares. *** The Company directly or indirectly owns less than 50% of the outstanding shares. Certain subsidiaries are omitted from the above table. Such subsidiaries, if considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary as of December 31, 1999.