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Exhibit 21.1
SUBSIDIARIES OF THE REGISTRANT
Name of Subsidiary |
State or Other Jurisdiction of Incorporation or Organization |
Ownership Interest |
Names Under Which Subsidiary Does Business |
|||
NTI ASEAN LLC |
Nevada |
60% |
Same |
|||
Northern Technologies Holding Company, LLC |
Minnesota |
100% |
Same |
|||
Natur-Tec India Private Limited |
India |
75% |
Same |
|||
Natur Tec Lanka (Pvt) Ltd |
Sri Lanka(1) |
75% |
Same |
|||
Zerust Prevenção de Corrosão S.A. |
Brazil |
85% |
Same |
|||
NTIC (Shanghai) Co., Ltd. |
China |
100% |
Same |
|||
ZERUST-EXCOR MEXICO, S. de R.L. de C.V |
Mexico |
100% |
Same |
|||
NTIC Europe GmbH |
Germany |
100% |
Same |
|||
Zerust Singapore Pte Ltd |
Singapore(2) |
60% |
Same |
|||
Zerust Vietnam Co. Ltd |
Vietnam(3) |
60% |
Same |
|||
Zerust Taiwan Co. Ltd |
Taiwan(3) |
60% |
Same |
|||
HNTI Limited |
India |
100% |
Same |
(1) |
Natur Tec Lanka (Pvt) Ltd. is 100% owned by Natur-Tec India Private Limited and, therefore, indirectly owned by Northern Technologies International Corporation. |
(2) |
Zerust Singapore Pte Ltd is 100% owned by NTI Asean LLC and, therefore, indirectly owned by Northern Technologies International Corporation. |
(3) |
Zerust Vietnam Co. Ltd and Zerust Taiwan Co., Ltd are 100% owned by Zerust Singapore Pte Ltd and, therefore, indirectly owned by NTIC. |