EXHIBIT 21 LIST OF SIGNIFICANT SUBSIDIARIES OF REGISTRANT December 31, 1998 Company(1) Organized Under Percent of Voting - ---------- Laws of Securities Owned(2) --------------- ------------------- FMC Corporation Delaware Registrant Intermountain Research and Development Corporation Wyoming 100% Smith Meter Inc. Delaware 100% Direct Measurement Corporation Colorado 100% FMC Asia-Pacific, Inc. Delaware 100% Frigoscandia Equipment Holding AB Sweden 100% Stein, Inc. Delaware 100% Frigoscandia Equipment Inc. Delaware 100% Frigoscandia Equipment AB Sweden 100% Frigoscandia Freezer AB Sweden 100% FMC of Canada Limited Ontario 100% FMC do Brasil Industria e Comercio Ltda. Brazil 100% Minera Del Altiplano S.A. Argentina 100% FMC International, A.G. Switzerland 100% FMC Corporation (UK) Limited England 100% FMC Europe N.V. Belgium 100% FMC Europe, S.A. France 100% FMC Wyoming Corporation Delaware 80% FMC Food Machinery Italy, S.p.A. Italy 100% Smith Meter GmbH Germany 100% FMC A/S Denmark 100% Kongsberg Offshore A/S Norway 100% FMC Food Machinery and Chemical Holding Company B.V. The Netherlands 100% FMC Foret, S.A. Spain 100% FMC Industrial Chemicals (Netherlands) B.V. Holland 100% FMC Southeast Asia Pte. Ltd. Singapore 100% FMC Hong Kong Limited Hong Kong 100% FMC Petroleum Equipment (Malaysia) Sdn. Bhd. Malaysia 100% FMC (Australia) Limited Australia 100% CBV - Industria Mecanica, S.A. Brazil 51% - ---------------------------- (1) The names of various active and inactive subsidiaries have been omitted. Such subsidiaries, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary. (2) With respect to certain companies, qualifying shares in names of directors are included in these percentages. Percentages shown for indirect subsidiaries reflect the percentage of voting securities owned by the parent subsidiary.