**Exhibit 21.1**

 

**SMURFIT-STONE CONTAINER CORPORATIONSUBSIDIARIES OF THE COMPANY**

 
| ** **                                                         | ** ** | **Organized Under**  | ** ** | **Percentage** | ** ** |
|--------------------------------------------------------------------|------------|---------------------------|------------|----------------|------------|
| **Consolidated Subsidiaries**                                 | ** ** | **the Laws of** | ** ** | **Ownership**  | ** ** |
|                                                               |       |                      |       |           |       |
| 3083527  Nova Scotia Company                                       |       | Canada                    |       | 100            | %          |
| 605681  N.B. Inc.                                                  |       | Canada                    |       | 100            | %          |
| 639647  British Columbia Ltd.                                      |       | Canada                    |       | 70             | %          |
| Atlanta  & Saint Andrews Bay Railroad Co.                      |       | Florida                   |       | 100            | %          |
| B.C.  Shipper Supplies Ltd.                                        |       | Canada                    |       | 70             | %          |
| Cameo  Container Corporation                                       |       | Illinois                  |       | 100            | %          |
| CCA  de Baja California S.A. de C.V.                               |       | Mexico                    |       | 100            | %          |
| Celgar  Investments, Inc.                                          |       | British  Virgin Islands   |       | 100            | %          |
| Clayton  Partners Ltd                                              |       | Bermuda                   |       | 100            | %          |
| Dalton  Paper Products, Inc.                                       |       | Georgia                   |       | 50             | %          |
| Dongguan  Stone Millennium Paper & Packaging Industries, Ltd.  |       | PRC                       |       | 95             | %          |
| Francobec  Company                                                 |       | Canada                    |       | 100            | %          |
| Lot  24D Redevelopment Corporation                                 |       | Missouri                  |       | 100            | %          |
| MBI  Limited                                                       |       | Canada                    |       | 100            | %          |
| SLP  Finance General Partnership                                   |       | Canada                    |       | 100            | %          |
| SLP  Finance I, Inc.                                               |       | Delaware                  |       | 100            | %          |
| SLP  Finance II, Inc.                                              |       | Delaware                  |       | 100            | %          |
| SMBI  Inc.                                                         |       | Delaware                  |       | 100            | %          |
| Smurfit  Newsprint Corporation                                     |       | Delaware                  |       | 100            | %          |
| Smurfit-MBI                                                        |       | Canada                    |       | 100            | %          |
| Smurfit-Stone  (Asia) Limited                                      |       | Hong  Kong                |       | 100            | %          |
| Smurfit-Stone  China Trading, Ltd.                                 |       | British  Virgin Islands   |       | 100            | %          |
| Smurfit-Stone  Container Canada Inc.                               |       | Canada                    |       | 100            | %          |
| Smurfit-Stone  Container Enterprises, Inc.                         |       | Delaware                  |       | 100            | %          |
| Smurfit-Stone  HY Holdings, Ltd.                                   |       | British  Virgin Islands   |       | 100            | %          |
| Smurfit-Stone  i2i (China)                                         |       | PRC                       |       | 100            | %          |
| Smurfit-Stone  i2i Design Center, Ltd.                             |       | British  Virgin Islands   |       | 100            | %          |
| Smurfit-Stone  Puerto Rico, Inc.                                   |       | Puerto  Rico              |       | 100            | %          |
| Specialty  Containers                                              |       | Canada                    |       | 70             | %          |
| St.  Laurent Display and Packaging Corp.                           |       | Canada                    |       | 100            | %          |
| Stone  Connecticut Paperboard Properties, Inc.                     |       | Delaware                  |       | 100            | %          |
| Stone  Container de Mexico S. de R.L. de C.V                       |       | Mexico                    |       | 100            | %          |
| Stone  Container Finance Company of Canada                         |       | Canada                    |       | 100            | %          |
| Stone  Container Finance Company of Canada II                      |       | Canada                    |       | 100            | %          |
| Stone  Global, Inc.                                                |       | Delaware                  |       | 100            | %          |
| Stone  International Services Corporation                          |       | Delaware                  |       | 100            | %          |
| Stone  Truepenny International, Inc.                               |       | British  Virgin Islands   |       | 100            | %          |
| Stone  Venepal (Celgar) Pulp, Inc.                                 |       | Canada                    |       | 90             | %          |
| Xiamen  Stone Millennium Packaging & Paper Industries Co. Ltd. |       | PRC                       |       | 95             | %          |

 

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**SMURFIT-STONE CONTAINER CORPORATIONSUBSIDIARIES OF THE COMPANY**

 
| ** **                                                          | ** ** | **Organized Under**  | ** ** | **Percentage** | ** ** |
|---------------------------------------------------------------------|------------|---------------------------|------------|----------------|------------|
| **Non-Consolidated Subsidiaries**                              | ** ** | **the Laws of** | ** ** | **Ownership**  | ** ** |
|                                                                |       |                      |       |           |       |
| Aspamill  Inc.                                                      |       | Canada                    |       | 45             | %          |
| Associated  Paper Mills (Ontario) Limited                           |       | Canada                    |       | 45             | %          |
| Cascapedia  Booming Co. Ltd.                                        |       | Canada                    |       | 50             | %          |
| Dyne-A-Pak                                                          |       | Canada                    |       | 45             | %          |
| Groupement  Forestier de Champlain Inc.                             |       | Canada                    |       | 10             | %          |
| Groveton  Paper Board, Inc.                                         |       | New  Hampshire            |       | 48.6           | %          |
| Hang  Yick Paper Products Co. Ltd.                                  |       | PRC                       |       | 50             | %          |
| i2i  Europe Limited                                                 |       | UK                        |       | 22             | %          |
| Innovative  Fiber, LLC                                              |       | Wisconsin                 |       | 29             | %          |
| Interstate  Smurfit-Stone (Thailand) Co., Ltd.                      |       | Thailand                  |       | 50             | %          |
| Las  Vegas Container LLC                                            |       | Delaware                  |       | 50             | %          |
| NewCorr  Packaging Limited Partnership                              |       | Massachusetts             |       | 16.4           | %          |
| NewCorr  Realty LLC                                                 |       | Massachusetts             |       | 16.67          | %          |
| Qingdao  Stone Millennium Paper & Packaging Industries, Ltd.    |       | PRC                       |       | 4.81           | %          |
| Rollcraft  Inc.                                                     |       | Canada                    |       | 45             | %          |
| Rosenbloom  Group Inc.                                              |       | Canada                    |       | 45             | %          |
| Schiffenhaus  Californa LLC                                         |       | Delaware                  |       | 25             | %          |
| Schiffenhaus  Canada Inc.                                           |       | Canada                    |       | 33.33          | %          |
| Serpac  Containers Limited                                          |       | Canada                    |       | 49.5           | %          |
| Shanghai  Stone Millennium Paper & Packaging Industries Ltd.    |       | PRC                       |       | 4.75           | %          |
| Smurfit/CIMIC  Holdings Limited                                     |       | Cayman  Islands           |       | 42.5           | %          |
| SSCE  Funding, LLC                                                  |       | Delaware                  |       | 100            | %          |
| Stone  Container (Hong Kong) Limited                                |       | British  Virgin Islands   |       | 50             | %          |
| Stone  Container Japan Company, Ltd.                                |       | Japan                     |       | 50             | %          |
| Stone  Millennium (PRC) Holdings, Ltd.                              |       | British  Virgin Islands   |       | 5              | %          |
| Stone  Receivables LLC                                              |       | Delaware                  |       | 100            | %          |
| Suzhou  Stone Millennium Packaging & Paper Industries, Co. Ltd. |       | PRC                       |       | 4.81           | %          |
| Timber  Capital Holdings LLC                                        |       | Delaware                  |       | 100            | %          |
| Timber  Note Holdings LLC                                           |       | Delaware                  |       | 100            | %          |
| Valores  Universales S.A. de CV                                     |       | Mexico                    |       | 49             | %          |
| Venepal  S.A.C.A.                                                   |       | Venezuela                 |       | 15.7           | %          |
| Wakecon  Associates (Partnership)                                   |       | Massachusetts             |       | 50             | %          |
| WCO  Enterprises (Partnership)                                      |       | Florida                   |       | 50             | %          |

 

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