EXHIBIT 21

SUBSIDIARIES OF THE REGISTRANT

ORGANIZED
UNDER THE PERCENTAGE
CONSOLIDATED SUBSIDIARIES: LAWS OF OWNERSHIP
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AB Specialty Packaging, Inc................................. Delaware 90.3%
A.H. Julius Rohde GmbH...................................... Germany 100%
Apache Railway Corporation.................................. Arizona 100%
Atlanta & Saint Andrews Bay Railroad Company................ Florida 100%
Baie Holdings Limited (NPL)................................. Canada 100%
Cameo Container Corporation................................. Illinois 100%
Cartomills, S.A............................................. Belgium 100%
Cartomills France S.A.R.L................................... France 100%
Cartonnages Robert Delubac S.A.R.L.......................... France 95.7%
Cousins Leasing Corporation................................. New York 100%
DST Design Service Team GmbH................................ Germany 100%
Europa Carton AG............................................ Germany 100%
Eurotrend Gesellschaft Gmbh................................. Germany 100%
Gamache Exploration & Mining Co. Ltd (NPL).................. Canada 100%
Grundstrucks-Verwaltungsgesellschaft Altona mbh............. Germany 95%
IFP Packungsgestaltung GmbH................................. Germany 100%
IDENTITY Institute fur Corporate Design GmbH................ Germany 100%
Leasing-Kontor Fur Investitionsguter GmbH................... Germany 100%
Orangeburg Trucking, Inc.................................... South Carolina 100%
SFI Forest Industries, Inc.................................. Delaware 100%
Societe Emballages des Cevennes, S.A........................ France 98.8%
Societe Europeenne de Carton S.A.R.L........................ France 100%
Southwest Forest Insurance Company, Ltd..................... Bermuda 100%
Speditions-Gesellschaft Visurgis mbh........................ Germany 100%
SSJ Corporation............................................. Delaware 100%
Ston Forestal, S.A.......................................... Costa Rica 100%
Stone Communications Corporation............................ Delaware 100%
Stone Connecticut Paperboard Properties, Inc................ Delaware 100%
Stone Container Australia Pty., Ltd......................... Australia 100%
Stone Container (Canada), Inc............................... Canada 100%
Stone Container (China) Corporation......................... U.S. Virgin Islands 100%
Stone Container de Mexico S.A. de C.V....................... Mexico 100%
Stone Container Holdings GmbH............................... Germany 100%
British Virgin
Stone Container International Corporation................... Islands 100%
Stone Papers, Inc........................................... Delaware 100%
Stone Receivables Corporation............................... Delaware 100%
Stone/River House Australian Investments, Inc............... Delaware 100%
Stone Venepal (Celgar) Pulp, Inc............................ Canada 90.0%
Stone-Ven Investments, Inc.................................. Delaware 100%
Strong-Robinette Bag Company, Inc........................... Virginia 100%
Wellpappenwerk Waren GmbH................................... Germany 100%
2736551 Canada Inc.......................................... Canada 100%

ORGANIZED
UNDER THE PERCENTAGE
NON-CONSOLIDATED ENTITIES: LAWS OF OWNERSHIP
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Aspamill, Inc............................................... Canada 45%
Associated Paper Mills (Ontario) Limited.................... Canada 45%
Bridgewater Paper Company Limited........................... England 46.6%
Bridgewater Newsprint Limited............................... England 46.6%
Cartonnages MGC S.A......................................... France 50%
C.A. Venezolana de Pulpa y Papel S.A.C.A.................... Venezuela 20.7%
Cheshire Recycling Limited.................................. England 46.6%
Compagnie d'Estacades de La Cascapedia, Inc................. Canada 50%
Compagnie de Flottage due St. Maurice Limitee............... Canada 36.3%
Estrella de Osa S.A......................................... Costa Rica 49%
Financiere Carton Papier.................................... France 50%
GfA-Gesellschaft fur Altpapier und Rohstoffe mbh............ Germany 33.3%
ICO Inc..................................................... Canada 42%
Indupa Vertriebgesellschaft mbh & Co. KG.................... Germany 50%
Indupa Grundstucksgesellschaft mbh.......................... Germany 50%
Interstate Packaging Corporation............................ New York 50%
Laimbeer Packaging Company LLC.............................. Delaware 50%
L & M Corrugated Container Corporation...................... Illinois 50%
MacMillan Bathurst.......................................... Canada 50%
MacMillan Bathurst, Inc..................................... Canada 50%
Mannkraft Corporation....................................... Pennsylvania 49%
Maritime Containers Limited................................. Canada 35%
ORPACK-Stone Corporation.................................... Delaware 49%
Paper Recycling International, L.P.......................... Delaware 50%
Paroco Rohstoffverwertung GmbH.............................. Germany 49%
Produits Forestiers Petit Paris, Inc........................ Canada 23.3%
Rohstoffhandel Kiel GmbH.................................... Germany 37.5%
Rosenbloom Group, Inc....................................... Canada 45%
Scieries Saugenay Limitee................................... Canada 23.3%
Shanghai Stone Millennium Packaging and Paper Co. Ltd....... China 50%
Stirling Fibre (Holdings) Limited........................... England 46.6%
Stirling Fibre Limited...................................... England 46.6%
Stirling Recycling Limited.................................. England 46.6%
Stone-Billerud S.A.......................................... Switzerland 50%
Stone-Consolidated Corporation.............................. Canada 46.6%
Stone-Consolidated (Europe) S.A............................. Belgium 46.6%
Stone-Consolidated (US) Corporation......................... Delaware 46.6%
Stone Container (Hong Kong) Limited......................... Hong Kong 50%
Stone Container Japan Co., Ltd.............................. Japan 50%
Tradepak Internacional S.A. de C.V.......................... Mexico 35.9%
Trans-Seal Corporation...................................... Japan 50%
Venepal-Stone Forestal, S.A................................. Venezuela 49%
Vertriebsgesellschaft Rohstoffhandel Kiel GmbH.............. Germany 37.5%