EXHIBIT 21 LIST OF SUBSIDIARIES OF AQUA ALLIANCE INC. AS OF OCTOBER 31, 1998 State or Other Jurisdiction Company of Incorporation ------- ---------------- AWT Air & Water Technologies Canada, Limited Canada AWT Capital, Inc. Delaware Chesapeake Sunrise Marketing Corporation Delaware Cottrell Environmental Sciences, Inc. New Jersey Custodis-Cottrell, Inc. New Jersey Custodis-Cottrell Canada, Inc. Canada Custodis-Cottrell International, Inc. Delaware Custodis-Ecodyne, Inc. Delaware EnviroSolutions, LLC Texas Falcon Associates, Inc. Pennsylvania Flex-Kleen Corp. Delaware Lerman Design Corp. Delaware M&E Auburn, Inc. Delaware M&E II, Inc. Delaware M&E Pacific, Inc. Delaware M&E Services, Inc. Delaware MEPAC Services, Inc. Delaware Merscot Inc. Delaware Merscot II, Inc. Delaware Metcalf & Eddy, Inc. Delaware Metcalf & Eddy of Canada Ltd. Canada Metcalf & Eddy de Puerto Rico, Inc. Delaware Metcalf & Eddy International, Inc. Delaware Metcalf & Eddy Management, P.C. District of Columbia Metcalf & Eddy of Massachusetts, Inc. Delaware Metcalf & Eddy of Michigan, Inc. Michigan Metcalf & Eddy of New York, Inc. New York Metcalf & Eddy of Ohio, Inc. Delaware Metcalf & Eddy Services, Inc. Delaware Metcalf & Eddy Technologies, Inc. Delaware PIECO, Inc. Florida Power Application & Mfg. Co. Delaware PQ Energy, Inc. Louisiana Production Rentals, Inc. Louisiana Professional Services Group, Inc. Minnesota PSG of Puerto Rico, Inc. Puerto Rico Regenerative Environmental Equipment Co., Inc. (REECO) New Jersey* Rental Tools, Inc. Louisiana Research-Cottrell, Inc. New Jersey Research-Cottrell (Belgium), S.A. Belgium Research-Cottrell (Canada) Ltd. Canada Research-Cottrell Energy Companies, Inc. Delaware Research-Cottrell Intermediate Holding Corporation Delaware Research-Cottrell International, Inc. New Jersey Research-Cottrell Japan Ltd. Japan Thermal Transfer Corporation Pennsylvania Utility Services Group Inc. Florida 2815869 Canada, Inc. Canada Vee-Six, Inc. Delaware - ------------------- * REECO was sold on January 19, 1999.