EXHIBIT 21
SUBSIDIARIES OF INSITUFORM TECHNOLOGIES, INC.
The following table sets forth certain information as of
December 31, 1995 concerning the Company and certain of its
subsidiaries. Unless otherwise indicated all securities of such
subsidiaries are owned by the Company:
% of
Name Place of Incorporation Voting Securities
---- ---------------------- -----------------
Affholder, Inc. Missouri 100%<F1>
E-Midsouth, Inc. Florida 100%<F2>
GCO Acquisition Corp. Delaware 100%<F3>
Gelco Services, Inc. Oregon 100%<F4>
H.T. Schneider, Inc. New York 100%
IMA Merger Sub, Inc. Delaware 100%<F1>
INA Acquisition Corp. Delaware 100%
Insituform California, Inc. Delaware 100%
Insituform Canada Limited Alberta 100%<F1>
Insituform Central, Inc. Delaware 100%<F1>
Insituform France S.A. France 66.6%<F5>
Insituform Gulf South, Inc. Delaware 100%<F6>
Insituform International, Inc. Liberia and Delaware 100%<F3>
Insituform Japan K.K. Japan 100%<F3>
Insituform Licensees
B.V./S.A. Netherlands and Delaware 100%<F3>
Insituform Linings Plc. United Kingdom 51.0%<F7><F8>
Insituform Management
Services, Inc. Guernsey and Delaware 100%<F3>
Insituform Mid-America, Inc. Delaware 100%
Insituform Mid-America
Investments, Inc. Delaware 100%
Insituform Midwest, Inc. Delaware 100%
Insituform Missouri, Inc. Delaware 100%<F1>
Insituform (Netherlands)
B.V. Netherlands and Delaware 100%<F9>
Insituform of New England, Massachusetts
Inc. 100%<F10>
Insituform North America
Corp. Tennessee 100%
Insituform North, Inc. Delaware 100%<F1>
Insituform Overseas Limited United Kingdom 100%<F7>
Insituform Permaline Limited United Kingdom 100%<F7>
Insituform Plains, Inc. Delaware 100%<F1>
Insituform de Puerto Rico
Inc. Puerto Rico 100%<F1>
Insituform Rockies, Inc. Delaware 100%<F1>
Insituform
Rohrsanieurungstechnik GmbH Germany 33.3%<F7>
Insituform Southeast, Inc. Florida 100%<F11>
% of
Name Place of Incorporation Voting Securities
---- ---------------------- -----------------
Insituform Southwest California (Partnership) 100%<F12>
Insituform Technologies
Limited United Kingdom 100%<F3>
Insituform Texark, Inc. Delaware 100%<F1>
Mar-Tech Insituform Limited British Columbia 100%<F4>
Midsouth Partners
(partnership) Tennessee (Partnership) 57.5%<F13>
Naylor Industries, Inc. Delaware 100%
NuPipe, Inc. Oregon 100%
NuPipe International, Inc. Delaware 100%<F14>
NuPipe Limited United Kingdom 100%
PALTEM Systems, Inc. Delaware 100%<F1>
Pipe Rehab International, Inc. Delaware 100%
Tite Liner NRO Corp. Alberta 100%<F1>
United Pipeline Systems, Inc. Alberta 100%<F1><F15>
United Pipeline Systems USA,
Inc. Delaware 100%<F1>
United Sistema de Tuberias
Ltda. Chile 60%<F1>
Other subsidiaries of the Company are not named in the table
above. Such unnamed subsidiaries considered in the aggregate as a
single subsidiary, would not constitute a significant subsidiary.
<FN>
<F1> Securities are owned by Insituform Mid-America, Inc.
<F2> Securities are owned by Insituform Southeast, Inc.
<F3> Securities are owned by INA Acquisition Corp.
<F4> Securities are owned by GCO Acquisition Corp.
<F5> The remaining 33.3% is owned by a subsidiary of Lyonnaise des
Eaux S.A.
<F6> Securities are owned by Naylor Industries, Inc.
<F7> Securities are owned by Insituform Technologies Limited
<F8> An additional 10% is owned by Insituform
Rohrsanieurungstechnik GmbH
<F9> Securities are owned by Insituform Licensees B.V./S.A.
<F10> Securities are owned by H.T. Schneider, Inc.
<F11> Securities are owned by IMA Merger Sub, Inc.
<F12> 80% of partnership interest owned by Insituform
California, Inc. and 20% owned by NuPipe California, Inc.
<F13> Securities are owned 42.5% by E-Midsouth, Inc. and 15% by
Insituform California, Inc.
<F14> Securities are owned by NuPipe, Inc.
<F15> Effective January 1, 1996, United Pipeline Systems, Inc.
was amalgamated with Insituform Canada Limited.