Exhibit 21.1

Subsidiaries of the Registrant

As of December 31, 2007



|                                                    |  |                    
|--------------------------------------------------- |  | -------------------
|Subsidiary                                          |  | Jurisdiction       
|Asia Dekor Borden (Heyuan) Chemical Company Limited |  | China              
|Asia Dekor Borden (Hong Kong) Chemical Company      |  | Hong Kong          
|Borden Chemical Foundry, LLC                        |  | Delaware           
|Borden Chemical Holdings (Panama) S.A.              |  | Panama             
|Borden Chemical International, Inc.                 |  | Delaware           
|Borden Chemical Investments, Inc.                   |  | Delaware           
|Borden Chemical UK Limited                          |  | UK                 
|Borden International Holdings Limited               |  | UK                 
|Borden Luxembourg S.a r.l.                          |  | Luxembourg         
|Fengkai Hexion Speciatly Chemicals Co. Ltd.         |  | China              
|Fujian Nanping Hexion Specialty Chemicals Co., Ltd. |  | China              
|HA-International, LLC                               |  | Delaware           
|Hattrick (Barbados) Finco SRL                       |  | Barbados           
|Hexion CI Holding Company (China) LLC               |  | Delaware           
|Hexion Fengkai Holdings Limited                     |  | Hong Kong          
|Hexion Funing Holdings Limited                      |  | Hong Kong          
|Hexion IAR Holding (HK) Limited                     |  | Hong Kong          
|Hexion Nanping Holdings Limited                     |  | Hong Kong          
|Hexion Nova Scotia Finance, ULC                     |  | Nova Scotia, Canada
|Hexion Quimica Argentina SA                         |  | Argentina          
|Hexion Quimica Industria e Comercio Ltda.           |  | Brazil             
|Hexion Quimica S.A.                                 |  | Panama             
|Hexion Shchekinoazot Holding B.V.                   |  | Netherlands        
|Hexion Specialty Chemicals Asua SL                  |  | Spain              
|Hexion Specialty Chemicals B.V.                     |  | Netherlands        
|Hexion Specialty Chemicals Barbastro S.A.           |  | Spain              
|Hexion Specialty Chemicals Bangkok Limited          |  | Thailand           
|Hexion Specialty Chemicals BVBA                     |  | Belgium            
|Hexion Specialty Chemicals Canada, Inc.             |  | Canada             
|Hexion Specialty Chemicals Clayton Ltd              |  | UK                 
|Hexion Specialty Chemicals (Caojing) Limited        |  | Hong Kong          
|Hexion Specialty Chemicals Finance BV               |  | Netherlands        
|Hexion Specialty Chemicals Forest Products GmbH     |  | Germany            
|Hexion Specialty Chemicals France SAS               |  | France             
|Hexion Specialty Chemicals GmbH                     |  | Germany            
|Hexion Specialty Chemicals Holding Germany GmbH     |  | Germany            
|Hexion Specialty Chemicals Holding B.V.             |  | Netherlands        
|Hexion Specialty Chemicals Holdings (China) Limited |  | Hong Kong          
|Hexion Specialty Chemicals Iberica, S.A.            |  | Spain              
|Hexion Specialty Chemicals Italia S.p.A.            |  | Italy              
|Hexion Specialty Chemicals Korea Company Limited    |  | Korea              
|Hexion Specialty Chemicals Leuna GmbH               |  | Germany            
|Hexion Specialty Chemicals (Heyuan) Limited         |  | Hong Kong          
|Hexion Specialty Chemicals Lda.                     |  | Portugal           
|Hexion Specialty Chemicals Maastricht BV            |  | Netherlands        
|Hexion Specialty Chemicals (N.Z.) Limited           |  | New Zealand        
|Hexion Specialty Chemicals Oy                       |  | Finland            
|Hexion Specialty Chemicals Pardubice S.r.o.         |  | Czech Republic     
|Hexion Specialty Chemicals Pty Ltd                  |  | Australia          
|Hexion Specialty Chemicals Research Belgium SA      |  | Belgium            
|Hexion Specialty Chemicals Rotterdam Ink B.V.       |  | Netherlands        
|Hexion Specialty Chemicals S.A.                     |  | France             
|Hexion Specialty Chemicals S.r.l.                   |  | Italy              
|Hexion Specialty Chemicals Samusakorn Ltd.          |  | Thailand           



---

Subsidiaries of the Registrant

As of December 31, 2007



|                                                        |  |               
|------------------------------------------------------- |  | --------------
|Subsidiary                                              |  | Jurisdiction  
|Hexion Specialty Chemicals Sdn. Bhd.                    |  | Malaysia      
|Hexion Specialty Chemicals SG. Petani SDN. BHD.         |  | Malaysia      
|Hexion Specialty Chemicals Singapore Pte. Ltd.          |  | Singapore     
|Hexion Specialty Chemicals Somersby Pty Ltd.            |  | Australia     
|Hexion Specialty Chemicals Stanlow Limited              |  | UK            
|Hexion Specialty Chemicals Stuttgart GmbH               |  | Germany       
|Hexion Specialty Chemicals Trading (Shanghai) Co., Ltd. |  | China         
|Hexion Specialty Chemicals UK Limited                   |  | UK            
|Hexion Specialty Chemicals Wesseling GmbH               |  | Germany       
|Hexion Specialty Chemicals, a.s.                        |  | Czech Republic
|Hexion Specialty UV Coatings (Shanghai) Limited         |  | Hong Kong     
|Hexion UV Coatings (Shanghai) Co., Ltd.                 |  | China         
|Hexion U.S. Finance Corp.                               |  | Delaware      
|HSC Capital Corporation                                 |  | Delaware      
|InfraTec Duisburg GmbH                                  |  | Germany       
|International Pine Products SA                          |  | Argentina     
|Jiangsu Funing Eastman International Co. Ltd.           |  | China         
|Lawter International, Inc.                              |  | Delaware      
|National Borden Chemical Germany GmbH.                  |  | Germany       
|New Nimbus GmbH & Co Kg                                 |  | Germany       
|Oilfield Technology Group, Inc.                         |  | Delaware      
|Quimica Borden Argentina S.A.                           |  | Argentina     
|Resolution Italia S.R.L.                                |  | Italy         
|Resolution Research Nederland B.V.                      |  | Netherlands   
|Resolution Specialty Materials Rotterdam B.V.           |  | Netherlands   
|RSM Europe B.V.                                         |  | Netherlands   
|Servicios Factoria Barbastro, S.A.                      |  | Spain         
|Tianjin Hexion Specialty Chemicals Co., Ltd.            |  | China