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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 | Delaware | 60% | Same |
Northern Technologies Holding Company, LLC | Delaware | 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 |
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 is 100% owned by Zerust Singapore Pte Ltd and, therefore, indirectly owned by Northern Technologies International Corporation. |
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