<PAGE> 1
EXHIBIT 21.1
The following is a list of subsidiaries of RPM, Inc.(1) as of May 31, 2000.
<TABLE>
<CAPTION>
Jurisdiction of
Name Incorporation
---- -------------
<S> <C>
American Emulsions Co., Inc. Georgia
Select Dye & Chemical, Inc. Georgia
Bondex International, Inc. Ohio
Bondo Corporation Ohio
Carboline Company Delaware
Carboline International Corporation(2) Delaware
Carboline Dubai Corporation Missouri
Chemical Coatings, Inc. North Carolina
Chemical Specialties Manufacturing Corp.(3) Maryland
Consolidated Coatings Corporation Ohio
DAP Canada Company(4) Canada
DAP Products Inc.(5) Delaware
Day-Glo Color Corp. Ohio
DesignCraft Fabric Corporation Illinois
DIFY.com, Inc. Delaware
Dryvit Holdings, Inc. Delaware
Dryvit Systems, Inc.(6) Rhode Island
Dryvit Systems Canada Company(7) Canada
Dryvit Systems New Zealand Limited New Zealand
Metro Clean Systems, Inc. Delaware
Tech 21 Panel Systems, Inc. Rhode Island
Ultra-Tex Surfaces, Inc. California
Fibergrate Composite Structures Incorporated Delaware
Chemgrate (Asia), Inc.(8) Washington
Chemgrate Corporation Washington
Chem-Grate Corporation Tennessee
Chemgrate (PRC), Inc.(9) Washington
Fibergrate Corporation(10) Texas
First Colonial Insurance Company, Inc. Vermont
Flecto International Supply, Inc. Nevada
Flecto Coatings Company(11) Canada
Guardian Products, Inc. Delaware
JanSanDex.com, Inc. Delaware
K-C Divestiture Corp. of Delaware Delaware
Kop-Coat, Inc. Ohio
K-C Divestiture Corp. New York
Kop-Coat New Zealand Limited New Zealand
</TABLE>
<PAGE> 2
<TABLE>
<S> <C>
Agpro (N.Z.) Limited New Zealand
Mohawk Finishing Products, Inc. New York
Plasite Protective Coatings, Inc. Delaware
Briner Paint Mfg. Co. Texas
Republic Powdered Metals, Inc. Ohio
RPM Asia Pte. Ltd. Singapore
Alumanation (M) Sdn. Bhd. Malaysia
Espan Corporation Pte. Ltd.(12) Singapore
RPM China Pte. Ltd. Singapore
Magnagro Industries Pte. Ltd.(13) Singapore
Dryvit Wall Systems (Suzhou)
(Co. Ltd.) China
RPM Consumer Group, Inc. Ohio
RPM-e/c, Inc. Ohio
RPM/Europe B.V.(14) Netherlands
RPM/Belgium N.V.(15) Belgium
RPOW U.K. Limited U.K.
Bondo U.K. Limited U.K.
Carboline U.K. Limited U.K.
Chemspec Europe Limited U.K.
Dryvit U.K. Limited U.K.
Fibergrate Composite Structures Limited U.K.
Mantrose U.K. Limited U.K.
Agricoat Industries Limited U.K.
Wm. Zinsser Limited U.K.
RPM Holdings UK Limited U.K.
Dore Holdings Limited U.K.
Amtred Limited U.K.
Carboline Europe Limited U.K.
Rust-Oleum U.K. Limited U.K.
Stonhard (Ireland) Limited Ireland
Stonhard U.K. Limited U.K.
Rust-Oleum Netherlands B.V. Netherlands
StonCor Benelux B.V. Netherlands
Tremco B.V. Netherlands
RPM of Mass., Inc. Massachusetts
Haartz-Mason, Inc. Massachusetts
Westfield Coatings Corporation Massachusetts
RPM World Trade, Inc. Delaware
RPM World Trade, Ltd. Virgin Islands
Rust-Oleum Corporation(16) Illinois
ROC Sales, Inc.(17) Illinois
Rust-Oleum Holding, Inc.(18) Delaware
Rust-Oleum International Corporation(19) Delaware
Rust-Oleum Sales Company, Inc. Ohio
Star Finishing Products, Inc. Illinois
</TABLE>
<PAGE> 3
<TABLE>
<S> <C>
StonCor Group, Inc.(20) Delaware
Parklin Management Group, Inc.(21) New Jersey
StonCor Distribution, Inc.(22) Delaware
Stonhard Agencia en Chile Chile
Stonhard Company(23) Canada
TCI, Inc. Georgia
The Euclid Chemical Company(24) Ohio
Euclid Chemical International Sales Corp.(25) Ohio
Grandcourt N.V.(26) Netherlands
Redwood Transport, Inc.(27) Ohio
The Flecto Company, Inc.(28) California
The Testor Corporation Ohio
Tremco Incorporated(29) Ohio
Paramount Technical Products, Inc. South Dakota
Tremco A.B. Sweden
Tremco Asia Pacific Pty. Limited Australia
PABCO Products Pty. Limited Australia
Tremco (NZ) Limited New Zealand
Tremco Pty. Limited Australia
Tremco Asia Pte. Ltd. Singapore
Tremco GmbH Germany
Tremco Company(30) Canada
RPM Canada Investment Company Canada
Tremco Limited U.K.
OY Tremco Ltd. Finland
Tretobond Ltd. U.K.
Tretol Group Ltd. U.K.
Tretol Ltd. U.K.
Weatherproofing Technologies, Inc.(31) Delaware
William Zinsser & Co. Incorporated(32) New Jersey
Mantrose-Haeuser Co., Inc. Massachusetts
Richard E. Thibaut, Inc. New York
Zinsser Distribution, Inc.(33) Delaware
</TABLE>
--------
(1) RPM, Inc. owns .32% of the outstanding shares of Radiant Color N.V.,
a Belgian corporation. The remaining 99.68% of the outstanding shares of Radiant
Color N.V. are held by RPM/Europe B.V. Radiant Color N.V. owns 99.99% of the
outstanding shares of Martin Mathys N.V., a Belgian corporation. The remaining
.01% of the outstanding shares of Martin Mathys N.V. are held by RPM/Belgium
N.V. RPM, Inc. owns 88% of the outstanding shares of RPM/Lux Consult S.A., a
Luxembourg corporation. The remaining 12% of the outstanding shares of RPM/Lux
Consult S.A. are held by Tremco Incorporated. RPM/Lux Consult S.A. owns .2% of
the outstanding shares of Monile France S.A.R.L., a French corporation. The
remaining 99.8% of the outstanding shares of Monile France S.A.R.L. are held by
RPM/Belgium N.V.
<PAGE> 4
--------------------------------------------------------------------------------
(2) Carboline International Corporation owns 89.2683% of Chemrite Coatings
(Pty.) Ltd., a South African corporation; 49% of Carboline Korea Ltd.; 45% of
Carboline Norge AS; 49% of Carboline Middle East LLC; 33.33% of Japan Carboline
Company Ltd.; and 40% of CDC Carboline (India) Ltd. Chemrite Coatings (Pty.)
Ltd. owns 100% of Chemrite Equipment Systems (Pty.) Ltd., a South African
corporation.
(3) Chemical Specialties Manufacturing Corp. is a 49% joint venture partner in
Henan G&C Chemical Company Limited, a Chinese corporation.
(4) DAP Canada Company owns 10% of the outstanding shares of DAP Chile S.A., a
Chilean corporation. The remaining 90% of the outstanding shares of DAP Chile
S.A. are held by DAP Products Inc. DAP Canada Company is a partner in RPM
Canada, a General Partnership, an Ontario partnership. The remaining partners of
RPM Canada, a General Partnership are Dryvit Systems Canada Company, Flecto
Coatings Company, Stonhard Company and Tremco Company.
(5) DAP Products Inc. owns 90% of the outstanding shares of DAP Chile S.A., a
Chilean corporation. The remaining 10% of the outstanding shares of DAP Chile
S.A. are held by DAP Canada Company.
(6) Dryvit Systems, Inc. is a 51% joint venture partner in Beijing Dryvit
Chemical Building Materials Co., Ltd., a Peoples Republic of China company and a
55.41% joint venture partner in Dryvit Systems USA (Europe) sp z.oo., a Polish
company.
(7) Dryvit Systems Canada Company is a partner in RPM Canada, a General
Partnership, an Ontario partnership. The remaining partners of RPM Canada, a
General Partnership are DAP Canada Company, Flecto Coatings Company, Stonhard
Company and Tremco Company.
(8) Chemgrate (Asia), Inc. owns 50% of the outstanding shares of Chemgrate
Shanghai FRP Co., Ltd., a Chinese corporation. The remaining 50% of the
outstanding shares of Chemgrate Shanghai FRP Co., Ltd. are held by Chemgrate
(PRC), Inc.
(9) Chemgrate (PRC), Inc. owns 50% of the outstanding shares of Chemgrate
Shanghai FRP Co., Ltd., a Chinese corporation. The remaining 50% of the
outstanding shares of Chemgrate Shanghai FRP Co., Ltd. are held by Chemgrate
(Asia), Inc.
(10) Fibergrate Corporation owns 50% of Fibergrate B.V., a Netherlands
corporation.
(11) Flecto Coatings Company owns 21% of the outstanding shares of Harry A.
Crossland Investments, Ltd., a Nevada corporation. The remaining 79% of the
outstanding shares of Harry A. Crossland Investments, Ltd. are held by The
Flecto Company, Inc. Harry A. Crossland Investments, Ltd. owns 100% of the
outstanding shares of Crossland Distributors Ltd., a Canadian corporation.
Flecto Coatings Company is a partner in RPM Canada, a General
<PAGE> 5
-------------------------------------------------------------------------------
Partnership, an Ontario partnership. The remaining partners of RPM Canada, a
General Partnership are DAP Canada Company, Dryvit Systems Canada Company,
Stonhard Company and Tremco Company.
(12) Espan Corporation Pte. Ltd. owns 40% of the outstanding shares of Pacific
Goldhill Pte. Ltd., a Singapore corporation.
(13) Magnagro Industries Pte. Ltd. owns 90% of the outstanding shares of
Shanghai Ban Lee Heng Construction Co., Ltd., a Chinese corporation.
(14) RPM/Europe B.V. owns 99.68% of the outstanding shares of Radiant Color
N.V., a Belgian corporation. The remaining .32% of the outstanding shares of
Radiant Color N.V. are held by RPM, Inc. Radiant Color N.V. owns 99.99% of the
outstanding shares of Martin Mathys N.V., a Belgian corporation. The remaining
.01% of the outstanding shares of Martin Mathys N.V. are held by RPM/Belgium
N.V. RPM/Europe B.V. owns 99.99% of the outstanding shares of RPOW France S.A.,
a French corporation. The remaining .01% of the outstanding shares of RPOW
France S.A. are held by directors of RPOW France S.A. RPOW France S.A. owns 100%
of the outstanding shares of Stonhard S.A.S and Corroline France S.A., both
French corporations, and 99.99% of the outstanding shares of Rust-Oleum France
S.A., a French corporation. The remaining .01% of the outstanding shares of
Rust-Oleum France S.A. are held by directors of Rust-Oleum France S.A. RPOW
France S.A. owns 95% of the outstanding shares of RPM Italy S.R.L., an Italian
corporation. The remaining 5% of the outstanding shares of RPM Italy S.R.L. are
held by RPM/Europe B.V. RPM Italy S.R.L. owns 100% of the outstanding shares of
APSA S.P.A., an Italian corporation.
(15) RPM/Belgium N.V. owns 99.8% of the outstanding shares of Monile France
S.A.R.L., a French corporation. The remaining .2% of the outstanding shares of
Monile France S.A.R.L. are held by RPM/Lux Consult S.A. RPM/Belgium N.V. owns
96% of the outstanding shares of Alteco Chemical S.A., a Portuguese company. Of
the remaining outstanding shares of Alteco Chemical S.A., 1% is held by Alteco
Technik GmbH and 3% are held by three directors of Alteco Chemical S.A.
(16) Rust-Oleum Corporation owns 99% of Rust-Oleum (Chile) Ltda, a Chilean
limited liability company. The remaining 1% of the outstanding shares of
Rust-Oleum (Chile) Ltda. are held by ROC Sales, Inc. Rust-Oleum Corporation owns
99.992% of the outstanding shares of Rust-Oleum Argentina S.A., an Argentine
corporation. The remaining .008% of the outstanding shares of Rust-Oleum
Argentina S.A. are owned by a resident director of Rust-Oleum Argentina S.A.
(17) ROC Sales, Inc. owns 1% of the outstanding shares of Rust-Oleum (Chile)
Ltda., a Chilean limited liability company. The remaining 99% of the outstanding
shares of Rust-Oleum (Chile) Ltda. are held by Rust-Oleum Corporation.
(18) Rust-Oleum Holding, Inc. is the 1% general partner of ROC, Limited
Partnership, a Delaware limited partnership. Rust-Oleum International
Corporation is the 99% limited partner of ROC, Limited Partnership.
<PAGE> 6
--------------------------------------------------------------------------------
(19) Rust-Oleum International Corporation is the 99% limited partner of ROC,
Limited Partnership, a Delaware limited partnership. Rust-Oleum Holding, Inc. is
the 1% general partner of ROC, Limited Partnership.
(20) StonCor Group, Inc. owns 99% of the outstanding shares of Stonhard S.A., a
Luxembourg corporation. The remaining 1% of the outstanding shares of Stonhard
S.A. are held by Parklin Management Group, Inc. StonCor Group, Inc. owns 79% of
the outstanding shares of StonCor (Deutschland) GmbH, a German corporation. The
remaining 21% of the outstanding shares of StonCor (Deutschland) GmbH are held
by Parklin Management Group, Inc. StonCor (Deutschland) GmbH owns 100% of the
outstanding shares of Alteco Technik GmbH, a German corporation. Alteco Technik
GmbH owns 1% of the outstanding shares of Alteco Chemical S.A., a Portuguese
company. Of the remaining outstanding shares of Alteco Chemical S.A., 96% is
held by RPM/Belgium N.V. and 3% are held by three directors of Alteco Chemical
S.A. StonCor Group, Inc. owns 99.25% of the outstanding shares of Stonhard S.A.
de C.V. Mexico, a Mexican corporation, and 99.99% of the outstanding shares of
Stonhard de Mexico S.A. de C.V., a Mexican corporation. Stonhard S.A. de C.V.
Mexico owns 100% of the outstanding shares of Plasite S.A. de C.V. Mexico, a
Mexican corporation, and 100% of the outstanding shares of Stonhard S.A. de
C.V., a Columbian corporation. Stonhard de Mexico S.A. de C.V. owns 100% of the
outstanding shares of Juarez Immobiliaria S.A. de C.V., a Mexican corporation.
StonCor Group, Inc. owns 75% of the outstanding shares of Stonhard South America
Ltda., a Brazilian limited liability company and 80% of the outstanding shares
of Multicolor S.A. Argentina I.yC., an Argentine corporation. StonCor Group,
Inc. is a 50% joint venture partner in Stonhard Distribuidora de Suelos
Industriales S.A., a Spanish corporation. StonCor Group, Inc. is the 1% general
partner of Stonhard, L.P., a Delaware limited partnership. StonCor Distribution,
Inc. is the 99% limited partner of Stonhard, L.P.
(21) Parklin Management Group, Inc. owns 1% of the outstanding shares of
Stonhard S.A., a Luxembourg corporation. The remaining 99% of the outstanding
shares of Stonhard S.A. are held by StonCor Group, Inc. Parklin Management
Group, Inc. owns 21% of the outstanding shares of StonCor (Deutschland) GmbH, a
German corporation. The remaining 79% of the outstanding shares of StonCor
(Deutschland) GmbH are held by StonCor Group, Inc. StonCor (Deutschland) GmbH
owns 100% of the outstanding shares of Alteco Technik GmbH, a German
corporation. Alteco Technik GmbH owns 1% of the outstanding shares of Alteco
Chemical S.A., a Portuguese company. Of the remaining outstanding shares of
Alteco Chemical S.A., 96% is held by RPM/Belgium N.V. and 3% are held by three
directors of Alteco Chemical S.A.
(22) StonCor Distribution, Inc. is the 99% limited partner of Stonhard, L.P., a
Delaware limited partnership. StonCor Group, Inc. is the 1% general partner of
Stonhard, L.P.
(23) Stonhard Company is a partner in RPM Canada, a General Partnership, an
Ontario partnership. The remaining partners of RPM Canada, a General Partnership
are DAP Canada Company, Dryvit Systems Canada Company, Flecto Coatings Company,
and Tremco Company.
<PAGE> 7
-------------------------------------------------------------------------------
(24) The Euclid Chemical Company is a 51% joint venture partner in Euclid
Admixture Canada, Inc., a Canadian corporation and a 51% joint venture partner
in Euclid Admixture LLC, a Mississippi limited liability company. The Euclid
Chemical Company owns 99.997% of the outstanding shares of Eucomex, S.A. de
C.V., a Mexican corporation. The remaining .003% of the outstanding shares of
Eucomex, S.A. de C.V. are held by Redwood Transport, Inc. The Euclid Chemical
Company owns 49% of the outstanding shares of Toxement S.A., a Columbian
corporation. Redwood Transport, Inc. and Euclid Chemical International Sales
Corp. each own .0025% of the outstanding shares of Toxement S.A. Grandcourt N.V.
owns 50.99% of the outstanding shares of Toxement S.A.
(25) Euclid Chemical International Sales Corp. owns .0025% of the outstanding
shares of Toxement S.A., a Columbian corporation.
(26) Grandcourt N.V. owns 50.99% of the outstanding shares of Toxement S.A., a
Columbian corporation.
(27) Redwood Transport, Inc. owns .003% of the outstanding shares of Eucomex,
S.A. de C.V., a Mexican corporation. The remaining 99.997% of the outstanding
shares of Eucomex, S.A. de C.V. are held by The Euclid Chemical Company. Redwood
Transport, Inc. owns .0025% of the outstanding shares of Toxement S.A., a
Columbian corporation.
(28) The Flecto Company, Inc. owns 79% of the outstanding shares of Harry A.
Crossland Investments, Ltd., a Nevada corporation. The remaining 21% of the
outstanding shares of Harry A. Crossland Investments, Ltd. are owned by Flecto
Coatings Company. Harry A. Crossland Investments, Ltd. owns 100% of the
outstanding shares of Crossland Distributors Ltd., a Canadian corporation.
(29) Tremco Incorporated and Weatherproofing Technologies, Inc. each own .0025%
of the outstanding shares of Toxement S.A., a Columbian corporation. Tremco
Incorporated owns 49% of the outstanding shares of Sime Tremco Sdn. Bhd., a
Malaysian corporation. Tremco Incorporated owns 99.999% of the outstanding
shares of Tremco Far East Limited, a Hong Kong corporation. The remaining .001%
of the outstanding shares of Tremco Far East Limited is owned by a director of
Tremco Far East Limited. Tremco Far East Limited owns 100% of the outstanding
shares of Tremco (Malaysia) Sdn. Bhd., a Malaysian corporation. Tremco
Incorporated owns 12% of the outstanding shares of RPM/Lux Consult S.A., a
Luxembourg corporation. The remaining 88% of the outstanding shares of RPM/Lux
Consult S.A. are held by RPM, Inc. RPM/Lux Consult S.A. owns .2% of the
outstanding shares of Monile France S.A.R.L., a French corporation. The
remaining 99.8% of the outstanding shares of Monile France S.A.R.L. are held by
RPM/Belgium N.V.
(30) Tremco Company is a partner in RPM Canada, a General Partnership, an
Ontario partnership. The remaining partners of RPM Canada, a General Partnership
are DAP Canada Company, Dryvit Systems Canada Company, Flecto Coatings Company
and Stonhard Company.
<PAGE> 8
-------------------------------------------------------------------------------
(31) Weatherproofing Technologies, Inc. owns .0025% of the outstanding shares of
Toxement S.A., a Columbian corporation.
(32) William Zinsser & Co. Incorporated is the 1% general partner of Zinsser,
L.P., a Delaware limited partnership. Zinsser Distribution, Inc. is the 99%
limited partner of Zinsser, L.P.
(33) Zinsser Distribution, Inc. is the 99% limited partner of Zinsser, L.P., a
Delaware limited partnership. William Zinsser & Co. Incorporated is the 1%
general partner of Zinsser, L.P.
