Exhibit 21

Subsidiaries of the Registrant (as of 02/28/2007)



|                                                                                                                           |  |                                       
|-------------------------------------------------------------------------------------------------------------------------- |  | --------------------------------------
|Name of Subsidiary                                                                                                         |  | State or Jurisdiction of Incorporation
|Material Sciences Corporation, Engineered Materials and Solutions Group, Inc.                                              |  | Illinois                              
|                                                                                                                           | 
|MSC Holland Holding Company (formerly known asMaterial Sciences Corporation, Electronic Materials and Devices Group, Inc.) |  | Delaware                              
|                                                                                                                           | 
|MSC Pre Finish Metals (EGV) Inc.                                                                                           |  | Delaware                              
|                                                                                                                           | 
|MSC Pre Finish Metals (MV) Inc.                                                                                            |  | Delaware                              
|                                                                                                                           | 
|MSC Pre Finish Metals (MT) Inc.                                                                                            |  | Delaware                              
|                                                                                                                           | 
|MSC Walbridge Coatings Inc.                                                                                                |  | Delaware                              
|                                                                                                                           | 
|MSC San Diego Holding Company Inc.                                                                                         |  | California                            
|                                                                                                                           | 
|MSC Laminates and Composites Inc.                                                                                          |  | Delaware                              
|                                                                                                                           | 
|MSC Laminates and Composites (EGV) Inc.                                                                                    |  | Delaware                              
|                                                                                                                           | 
|Material Sciences Foreign Sales Corporation                                                                                |  | U.S. Virgin Islands                   
|                                                                                                                           | 
|MSC Richmond Holding Company                                                                                               |  | Delaware                              
|                                                                                                                           | 
|MSC Pre Finish Metals (PP) Inc.                                                                                            |  | Delaware                              
|                                                                                                                           | 
|Material Sciences Service Corporation                                                                                      |  | Delaware                              
|                                                                                                                           | 
|MSC Europe Holding GmbH (formerly known asMSC/GAC Laminates and Composites Holding GmbH)                                   |  | Germany                               
|                                                                                                                           | 
|MSC Europe GmbH & Co, KG (formerly known asMSC/GAC Laminates and Composites GmbH & Co.)                                    |  | Germany                               
|                                                                                                                           | 
|MSC Europe Beteiligungs GmbH (formerly known asMSC/GAC Beteiligungs GmbH)                                                  |  | Germany                               
|                                                                                                                           | 
|MSC/TEKNO Laminates and Composites LTDA                                                                                    |  | Brazil                                



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