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 Africa (Pty) Limited South Africa
Cryovac AG Switzerland
Cryovac AS Norway
Cryovac Australia Pty. Ltd. Australia
Cryovac Belgium N.V. Belgium
Cryovac Brazil Holdings Ltda. Brazil
Cryovac Brazil Ltda. Brazil
Cryovac B.V. Netherlands
Cryovac Central America, S.A. Guatemala
Cryovac Chile Holdings, LLC. Delaware
Cryovac Chile Industrial Ltda. Chile
Cryovac China Holdings I, Inc. China
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 (Ireland) Limited Ireland
Cryovac Japan K.K. Japan
Cryovac Korea Inc. Korea
Cryovac (Malaysia) Sdn Bhd Malaysia
Cryovac Multiflex GmbH Germany
Cryovac New Zealand Limited New Zealand
Cryovac Oy Finland
Cryovac Packaging Portugal Portugal
Embalagens, Lda.
Cryovac Packaging Spain S.L. Spain
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 UK Limited England
Cryovac Verpackungen GmbH Germany
Danco (NZ) Limited*** New Zealand
Limited Liability Company "Sealed Russia
Air"
L'Imballaggio S.r.l. Italy
Omni Supply Inc.** North Carolina
PolyMask Corporation* Delaware
Polypride, Inc. Delaware
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. Ontario, Canada
Sealed Air Colombia Ltda. Colombia
Sealed Air Corporation (US) Delaware
Sealed Air Denmark A/S Denmark
Sealed Air Espana, S.A. Spain
Sealed Air (FPD) Limited England
Sealed Air (Gaoming) Packaging China
Co., Ltd.
Sealed Air GmbH Germany
Sealed Air (Hong Kong) Limited Hong Kong
Sealed Air Hungary Ltd. Hungary
Sealed Air Japan Limited Nevada
Sealed Air (Korea) Limited Korea
Sealed Air Limited England
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 S.A. France
Sealed Air Packaging (Shanghai) Co., Ltd. China
Sealed Air Peru S.R.L. Peru
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 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
Tepak S.p.A. Italy
ZAO Cryovac Kaustik Russia
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* The Company directly or indirectly owns 50% of the outstanding shares.
** The Company directly or indirectly owns a majority of the outstanding
shares.
*** Does business as Sealed Air (New Zealand) Packaging Products Division.
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, 1998