Exhibit 21.1

Registrant Sub List

As of December 31, 2006



|                                                      |  |                    
|----------------------------------------------------- |  | -------------------
|Subsidiary                                            |  | Jurisdiction       
|Asia Dekor Borden (Heyuan) Chemical Company Limited   |  | China              
|Asia Dekor Borden (Hong Kong) Chemical Company        |  | Hong Kong          
|Bakelite Polymers U.K. Ltd.                           |  | UK                 
|Borden Chemical Foundry, Inc.                         |  | Delaware           
|Borden Chemical Holdings (Caojing) Limited            |  | Hong Kong          
|Borden Chemical Holdings (Heyuan) Limited             |  | Hong Kong          
|Borden Chemical Holdings (Panama) S.A.                |  | Panama             
|Borden Chemical International, Inc.                   |  | Delaware           
|Borden Chemical Investments, Inc.                     |  | Delaware           
|Borden Chemical Philippines, Inc.                     |  | Philippines        
|Borden Chemical Resinas, Panama, S.R.L.               |  | Panama             
|Borden Industrial Resins Trading (Shanghai) Co., Ltd. |  | China              
|Borden International Holdings Limited                 |  | UK                 
|Borden Luxembourg S.a r.l.                            |  | Luxembourg         
|Borden UV Coatings (Shanghai) Co., Ltd.               |  | China              
|Borden UV Coatings Holdings (Shanghai) Limited        |  | Hong Kong          
|Fujian Nanping Hexion International Co., Ltd.1        |  | China              
|HA-International, LLC                                 |  | Delaware           
|Hattrick (Barbados) Finco SRL                         |  | Barbados           
|Hexion CI Holding Company (China) LLC                 |  | Delaware           
|Hexion Nova Scotia Finance, ULC                       |  | Nova Scotia, Canada
|Hexion Quimica Argentina SA                           |  | Argentina          
|Hexion Quimica Industria e Comercio Ltda.             |  | Brazil             
|Hexion Quimica S.A.2                                  |  | Panama             
|Hexion Quimica Uruguay S/A                            |  | Uruguay            
|Hexion Specialty Chemicals Asua SL                    |  | Spain              
|Hexion Specialty Chemicals B.V.                       |  | The 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 France SAS                 |  | France             
|Hexion Specialty Chemicals GmbH                       |  | Germany            
|Hexion Specialty Chemicals Hamburg GmbH               |  | Germany            
|Hexion Specialty Chemicals Holding B.V.3              |  | The 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 Japan K.K.                 |  | Japan              
|Hexion Specialty Chemicals Korea Company Limited      |  | Korea              
|Hexion Specialty Chemicals Leuna GmbH                 |  | Germany            
|Hexion Specialty Chemicals Ltda.                      |  | Portugal           
|Hexion Specialty Chemicals Maastricht BV              |  | The Netherlands    
|Hexion Specialty Chemicals (N.Z.) Limited             |  | New Zealand        
|Hexion Specialty Chemicals Oy                         |  | Finland            

---

|1 | Formerly Fujian Nanping Lawter Chemical Co., Ltd.
|- | -------------------------------------------------

|2 | Formerly Compania Quimica Borden S.A.
|- | -------------------------------------

|3 | Formerly Resolution Holdings B.V.
|- | ---------------------------------



---

Registrant Sub List

As of December 31, 2006

|                                                  |  |                
|------------------------------------------------- |  | ---------------
|Subsidiary                                        |  | Jurisdiction   
|Hexion Specialty Chemicals Pardubice S.r.o.4      |  | Czech Republic 
|Hexion Specialty Chemicals Pty Ltd                |  | Australia      
|Hexion Specialty Chemicals Research Belgium SA    |  | Belgium        
|Hexion Specialty Chemicals Rotterdam Ink B.V.     |  | The Netherlands
|Hexion Specialty Chemicals S.A.                   |  | France         
|Hexion Specialty Chemicals S.r.l.                 |  | Italy          
|Hexion Specialty Chemicals Samusakorn Ltd.        |  | Thailand       
|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 Sweden AB              |  | Sweden         
|Hexion Specialty Chemicals UK Limited             |  | UK             
|Hexion Specialty Chemicals Uruguay S.A.           |  | Uruguay        
|Hexion Specialty Chemicals Wesseling GmbH         |  | Germany        
|Hexion Specialty Chemicals, a.s.5                 |  | Czech Republic 
|Hexion U.S. Finance Corp.                         |  | Delaware       
|HSC Capital Corporation                           |  | Delaware       
|InfraTec Duisburg GmbH                            |  | Germany        
|International Pine Products SA                    |  | Argentina      
|J E Ridnell Pty. Ltd.                             |  | Australia      
|Jiangsu Funing Eastman International Co. Ltd.     |  | China          
|Lawter International Inc.                         |  | Delaware       
|National Borden Chemical Germany GmbH.            |  | Germany        
|Oilfield Technology Group, Inc.                   |  | Delaware       
|Resolution Italia S.R.L.6                         |  | Italy          
|Resolution Research Nederland B.V.                |  | The Netherlands
|Resolution Specialty Materials Rotterdam B.V.     |  | The Netherlands
|Resolution Specialty Materials Sweden Holdings AB |  | Sweden         
|RSM Europe B.V.                                   |  | The Netherlands
|Servicios Factoria Barbastro, S.A.                |  | Spain          
|Tianjin Hexion Specialty Chemicals Co., Ltd.7     |  | China          

---

|4 | Formerly Bakelite S.r.o.
|- | ------------------------

|5 | Formerly RSM Chemacryl, a.s.
|- | ----------------------------

|6 | Resolution Italia S.R.L. is being dissolved
|- | -------------------------------------------

|7 | Formerly Fujian Nanping Lawter Chemical Co., Ltd.
|- | -------------------------------------------------