Exhibit 21
----------
H.B. FULLER COMPANY AND CONSOLIDATED SUBSIDIARIES
AS OF NOVEMBER 30, 1996
PERCENTAGE
JURISDICTION OF OF VOTING
SUBSIDIARY ORGANIZATION SECURITIES
- ------------------------------- ----------------- ----------
H.B. Fuller Company United States
Branches: Indonesia, Korea
H.B. Fuller Company Puerto Rico, Inc. United States 100.0
H.B. Fuller International Inc. United States 100.0
Branches: Hong Kong, Singapore
ChemEquity, Inc.
ChemEquity Communications, Inc. United States 100.0
F.A.I. Trading Company United States 100.0
Fiber-Resin Corporation United States 100.0
H.B. Fuller Automotive Company United States 100.0
Foster Products Corporation United States 100.0
TEC Incorporated United States 100.0
Linear Products, Inc. United States 100.0
Branches: Netherlands
H.B. Fuller Licensing & Financing Inc. United States 100.0
Aireline, Inc. United States 100.0 note a
Kativo Chemical Industries, S.A. Panama 97.4
(See listing of subsidiaries on the
following pages.)
Pinturas Centroameriacanas Costa Rica S.A. Costa Rica 100.0
Mundo de Colores Pintica, S.A. Costa Rica 100.0 note a
Pinturas Ecuatorianas, S.A. Ecuador 100.0
Distribuidora Americana, S.A. Ecuador 100.0 note a
Glidden Avenida Nacional, S.A. Panama 100.0
Fabrica Pinturas Glidden, S.A. Panama 100.0
H.B. Fuller Holding Panama Co. Panama 100.0
Glidden Panama S.A. Panama 100.0
ProColor, S.A. Panama 100.0
Adhesivos Industriales, S.A. Panama 100.0
H.B. Fuller Austria GesmbH Austria 100.0
H.B. Fuller Belgium N.V./S.A. Belgium 99.8 note b
Harved Oy Finland 100.0 note a
H.B. Fuller GmbH, Luneburg Germany 99.9
Karl Sager, GmbH, Germany 100.0
H.B. Fuller GmbH, Munich Germany 100.0
Isar-Rakoll Chemie, GmbH Germany 100.0 note a
H.B. Fuller France S.A. France 99.9 note c
H.B. Fuller Blattmann AG Switzerland 65.0
H.B. Fuller Italia s.r.l. Italy 97.0 note d
H.B. Fuller (Jersey) Limited Jersey 100.0
H.B. Fuller Nederland B.V. Netherlands 100.0
Prakoll, S.A. Spain 100.0
H.B. Fuller Sverige AB Sweden 100.0
H.B. Fuller Holdings Limited U.K. 100.0
H.B. Fuller U.K. Limited U.K. 100.0
H.B. Fuller Coatings Limited U.K. 100.0
H.B. Fuller Linear Products Limited U.K. 100.0
Page 1 of 5
Exhibit 21
----------
H.B. FULLER COMPANY AND CONSOLIDATED SUBSIDIARIES
AS OF NOVEMBER 30, 1996
PERCENTAGE
JURISDICTION OF OF VOTING
SUBSIDIARY ORGANIZATION SECURITIES
- ---------------------------------------------- --------------- ------------
H.B. Fuller Canada, Inc. Canada 100.0
H.B. Fuller Mexico, S.A. Mexico 100.0
H.B. Fuller Company Australia Pty. Ltd. Australia 100.0
H.B. Fuller (China) Adhesives Ltd. China 95.0
H.B. Fuller India Private Limited India 100.0 note a
H.B. Fuller Japan Company, Ltd. Japan 100.0
H.B. Fuller Korea Co., Ltd. Korea 100.0
H.B.F. Adhesives (Malaysia) Sdn. Bhd. Malaysia 100.0
H.B. Fuller Company (N.Z.) Ltd. New Zealand 99.9
H.B. Fuller Holdings (NZ) Ltd. New Zealand 99.9
H.B. Fuller Powder Coatings (NZ) Ltd. New Zealand 100.0
H.B. Fuller Powder Coatings Pty. Ltd. Australia 100.0
H.B. Fuller (Philippines), Inc. Philippines 80.0
H.B. Fuller-Realty (Philippines) Company Philippines 40.0
H.B. Fuller Taiwan Company Ltd. Taiwan 100.0
H.B. Fuller (Thailand) Co., Ltd. Thailand 100.0
Multi-Clean Products Pty. Ltd. Australia 100.0 note a
Multi-Clean (Lebanon) S.A.R.L. Lebanon 100.0 note a
H.B. Fuller Lebanon S.A.R.L. Lebanon 100.0 note a
Nippon Tilement Company, Ltd. Japan 9.1
- ----------------------------------------------
Notes:
- ------
a Shell corporation
b An additional 0.2% of the outstanding voting securities is owned by H.B.
Fuller GmbH, Luneburg
c An additional 0.1% of the outstanding voting securities is owned by H.B.
Fuller Company
d An additional 3.0% of the outstanding voting securities is owned by H.B.
Fuller Nederland B.V.
Page 2 of 5
Exhibit 21
----------
KATIVO CHEMICAL INDUSTRIES, S.A. AND CONSOLIDATED SUBSIDIARIES
AS OF NOVEMBER 30, 1996
PERCENTAGE
JURISDICTION OF OF VOTING
SUBSIDIARY OWNER OF VOTING SECURITIES ORGANIZATION SECURITIES
- ------------------------------------- ---------------------------------------- -------------------- -------------------
Chemical Supply, S.A. Chemical Supply Corporation Argentina 100.00 /*/
H.B. Fuller Argentina, S.A. Kativo Chemical Industries, S.A. Argentina 99.995
H.B. Fuller Company 0.005
- --------------------------------------------------------------------------------------------------------------------------------
H.B. Fuller Latin America Kativo Chemical Industries, S.A. Bahamas 100.00 /*/
- --------------------------------------------------------------------------------------------------------------------------------
H.B. Fuller Bolivia, Ltda. Kativo Chemical Industries, S.A. Bolivia 50.00
Chemical Supply Corporation 50.00
- --------------------------------------------------------------------------------------------------------------------------------
H.B. Fuller Brasil, Ltda. Kativo Chemical Industries, S.A. Brazil 100.000
Kativo de Panama, S.A. 0.000
H.B. Fuller Brasil - Sul, Ltda. H.B. Fuller Brasil, Ltda. Brazil 16.75 /*/
Chemical Supply Corporation 27.28
Kativo Chemical Industries, S.A. 55.97
- --------------------------------------------------------------------------------------------------------------------------------
H.B. Fuller Chile, S.A. Kativo Chemical Industries, S.A. Chile 99.99
Minority 0.01
- --------------------------------------------------------------------------------------------------------------------------------
H.B. Fuller Colombia, Ltda. Kativo Chemical Industries, S.A. Colombia 98.01
Minority 1.99
- --------------------------------------------------------------------------------------------------------------------------------
Kativo Costa Rica, S.A. Kativo Chemical Industries, S.A. Costa Rica 100.00
Reca Quimica, S.A. Kativo Chemical Industries, S.A. Costa Rica 100.00
H.B. Fuller Costa Rica, S.A. Kativo Chemical Industries, S.A. Costa Rica 100.00
Analko, S.A. Kativo Chemical Industries, S.A. Costa Rica 100.00 /*/
Deco Tintas, S.A. Kativo Chemical Industries, S.A. Costa Rica 100.00
- --------------------------------------------------------------------------------------------------------------------------------
H.B. Fuller Dominicana, S.A. Kativo Chemical Industries, S.A. Dominican Republic 79.08
Chemical Supply Corporation 20.92
- --------------------------------------------------------------------------------------------------------------------------------
H.B. Fuller Ecuador, S.A. Kativo Chemical Industries, S.A. Ecuador 50.000
Chemical Supply Corporation 49.999
Minority 0.001
- --------------------------------------------------------------------------------------------------------------------------------
Kativo de El Salvador, S.A. Kativo Chemical Industries, S.A. El Salvador 100.00 /*/
Minority 0.00
Kativo Industrial de El Salvador, S.A. Kativo Chemical Industries, S.A. El Salvador 80.00
Chemical Supply Corporation 20.00
H.B. Fuller El Salvador, S.A. Kativo Chemical Industries, S.A. El Salvador 80.00
Chemical Supply Corporation 20.00
Deco Tintas de El Salvador, S.A. Kativo Chemical Industries, S.A. El Salvador 80.00 /*/
Chemical Supply Corporation 20.00
- --------------------------------------------------------------------------------------------------------------------------------
Norchem, Ltda. Kativo Chemical Industries, S.A. Grand Cayman 100.00 /*/
- --------------------------------------------------------------------------------------------------------------------------------
Kativo Comercial de Guatemala, S.A. Kativo Chemical Industries, S.A. Guatemala 80.00
Chemical Supply Corporation 20.00
Compania Mercantil de Pinturas Kativo Chemical Industries, S.A. Guatemala 100.00 /*/
Kativo de Guatemala, S.A. Minority 0.00
Kiosko de Pinturas, S.A. Kativo de Guatemala, S.A. Guatemala 100.00 /*/
Minority 0.00
H.B. Fuller Guatemala, S.A. Chemical Supply Corporation Guatemala 100.00
Sinteticos de Guatemala, S.A. Kativo Chemical Industries, S.A. Guatemala 80.00 /*/
Chemical Supply Corporation 20.00
Punto de Viniles, S.A. Sinteticos de Guatemala, S.A. Guatemala 100.00 /*/
Alfombras Canon de Guatemala, S.A. Sinteticos de Guatemala, S.A. Guatemala 100.00 /*/
- --------------------------------------------------------------------------------------------------------------------------------
/*/ Inactive Entities
Page 3 of 5
Exhibit 21
----------
KATIVO CHEMICAL INDUSTRIES, S.A. AND CONSOLIDATED SUBSIDIARIES
AS OF NOVEMBER 30, 1996
PERCENTAGE
JURISDICTION OF OF VOTING
SUBSIDIARY OWNER OF VOTING SECURITIES ORGANIZATION SECURITIES
- ------------------------------------ ----------------------------------- ------------------ ----------------
Kativo de Honduras, S.A. Kativo Chemical Industries, S.A. Honduras 69.29
Fuller Istmena, S.A. 30.65
Colorcentro, S.A. 0.02
H.B. Fuller Panama, S.A. 0.02
Kativo de Panama, S.A. 0.02
Aerosoles de Centroamerica, S.A. Kativo Chemical Industries, S.A. Honduras 99.88
H.B. Fuller Panama, S.A. 0.09
Minority 0.03
Alfombras Canon, S.A. Kativo Chemical Industries, S.A. Honduras 78.00 *
H.B. Fuller Panama, S.A. 5.00
Kativo de Panama, S.A. 10.00
Fuller Istmena, S.A. 5.00
Colorcentro 2.00
Comercial Punto de Viniles, S.A. Kativo Chemical Industries, S.A. Honduras 68.00 *
Fuller Istmena, S.A. 8.00
H.B. Fuller Panama, S.A. 8.00
Kativo de Panama, S.A. 8.00
Colorcentro, S.A. 8.00
Kiosko Comercial, S.A. Kativo Chemical Industries, S.A. Honduras 60.00 *
Fuller Istmena, S.A. 8.00
Kativo de Panama, S.A. 16.00
H.B. Fuller Panama, S.A. 8.00
Colorcentro, S.A. 8.00
Kativo Comercial, S.A. Kativo Chemical Industries, S.A. Honduras 15.00
Fuller Istmena, S.A. 25.00
Kativo de Panama, S.A. 25.00
H.B. Fuller Panama, S.A. 15.00
Colorcentro, S.A. 20.00
Punto de Viniles, S.A. Kativo Chemical Industries, S.A. Honduras 72.00 *
Fuller Istmena, S.A. 8.00
Kativo de Panama, S.A. 10.00
H.B. Fuller Panama, S.A. 8.00
Colorcentro, S.A. 2.00
Kiosko de Pinturas, S.A. Kativo Chemical Industries, S.A. Honduras 62.00 *
Fuller Istmena, S.A. 8.00
Kativo de Panama, S.A. 20.00
H.B. Fuller Panama, S.A. 8.00
Colorcentro, S.A. 2.00
Fabrica de Pinturas Surekote Kativo Chemical Industries, S.A. Honduras 0.19 *
de Honduras, S.A. Kativo de Nicaragua 0.10
H.B. Fuller Nicaragua 0.10
Kativo de Honduras, S.A. 99.52
Minority 0.10
Servicios e Inversiones Kiosko de Pinturas, S.A. Honduras 0.40 *
de Honduras, S.A. Kiosko Comercial, S.A. 0.40
Kativo Comercial, S.A. 0.40
Aerosoles de Centroamerica, S.A. 0.40
Kativo de Honduras, S.A. 98.40
Deco Tintas De Honduras, S.A. Kativo Chemical Industries, S.A. Honduras 80.00 *
Chemical Supply Corporation 19.95
Kativo de Panama, S.A. 0.02
H.B. Fuller Panama, S.A. 0.02
Decontintas de Panama, S.A. 0.02
H.B. Fuller Honduras, S.A. Kativo Chemical Industries, S.A. Honduras 20.00
Fuller Istmena, S.A. 20.00
Kativo de Panama, S.A. 20.00
H.B. Fuller Panama, S.A. 20.00
Chemical Supply Corporation 20.00
Comercial Fuller, S.A. Kativo Chemical Industries, S.A. Honduras 61.00 *
Kativo Comercial, S.A. (Panama) 10.00
Kativo de Panama, S.A. 10.00
H.B. Fuller Panama, S.A. 4.00
Chemical Supply Corporation 15.00
- -------------------------------------------------------------------------------------------------------------------
* -Inactive Entities
Page 4 of 5
Exhibit 21
----------
KATIVO CHEMICAL INDUSTRIES, S.A. AND CONSOLIDATED SUBSIDIARIES
AS OF NOVEMBER 30, 1996
PERCENTAGE
JURISDICTION OF OF VOTING
SUBSIDIARY OWNER OF VOTING SECURITIES ORGANIZATION SECURITIES
- ----------------------------- ------------------------------------ --------------------------- ---------------------
Industrias Kativo de Nicaragua, S.A. Kativo Chemical Industries, S.A. Nicaragua 99.99
Minority 0.01
Distribuidora Industrial y Comercial, S.A. Sinteticos, S.A Nicaragua 86.00 *
Minority 14.00
H.B. Fuller Nicaragua, S.A. Kativo Chemical Industries, S.A. Nicaragua 99.80
Minority 0.20
- ----------------------------------------------------------------------------------------------------------------------------------
Chemical Supply Corporation Kativo Chemical Industries, S.A. Panama 100.00
Kativo de Panama, S.A. Kativo Chemical Industries, S.A. Panama 100.00 *
Colorcentro, S.A. Kativo de Panama, S.A. Panama 100.00
Fuller Istmena, S.A. Kativo de Panama, S.A. Panama 100.00 *
Procesamientos Contables, S.A. Kativo de Panama, S.A. Panama 100.00 *
Alquileres Industriales, S.A. Kativo de Panama, S.A. Panama 100.00 *
Alfombras Canon, S.A. Kativo de Panama, S.A. Panama 100.00 *
Deco Tintas Comerciales, S.A. Kativo Chemical Industries, S.A. Panama 100.00
H.B. Fuller Panama, S.A. Kativo Chemical Industries, S.A. Panama 100.00
Deco Tintas de Panama, S.A. Kativo Chemical Industries, S.A. Panama 100.00 *
Vigilia, S.A. Kativo de Panama, S.A. Panama 100.00 *
Sistema Integrados, S.A. H.B. Fuller Panama, S.A. Panama 100.00
- ----------------------------------------------------------------------------------------------------------------------------------
Chemical Supply Peruana, S.A. Chemical Supply Corporation Peru 99.999
Minority 0.001
H.B. Fuller Peru, S.A. Chemical Supply Peruana, S.A. Peru 50.00
Kativo Chemical Industries, S.A. 50.00
- ----------------------------------------------------------------------------------------------------------------------------------
H.B. Fuller Uruguay, S.A. H.B. Fuller Argentina, S.A. Uruguay 100.00
- ----------------------------------------------------------------------------------------------------------------------------------
H.B. Fuller Venezuela, S.A. Kativo Chemical Industries, S.A. Venezuela 100.00
- ----------------------------------------------------------------------------------------------------------------------------------
* -- Inactive Entities
Page 5 of 5