BALTEK CORPORATION AND SUBSIDIARIES
Subsidiaries of Registrant
December 31, 2002
The following corporations are direct or indirect subsidiaries of the Company:
| |
Where Incorporated |
Voting Securities Owned |
|||
|---|---|---|---|---|---|
| Balmanta S.A. | Ecuador | 100 | % | ||
Compania Ecuatoriana de Balsa, S.A. |
Ecuador |
100 |
% |
||
Maderas Secas C.A. |
Ecuador |
100 |
% |
||
Marines C.A. |
Ecuador |
100 |
% |
||
Plantaciones De Balsa, S.A. |
Ecuador |
100 |
% |
||
Productos del Pacifico, S.A. |
Ecuador |
100 |
% |
||
Recorcholis, S.A. |
Ecuador |
100 |
% |
||
Balsa Ecuador Lumber Corporation |
New Jersey |
100 |
% |
||
Balsa Development Corporation |
New Jersey |
100 |
% |
||
Sanlam Corporation |
New York |
100 |
% |
||
Baltek Foreign Sales Corporation |
U.S. Virgin Islands |
100 |
% |
||
Crustacea Corporation |
Delaware |
100 |
% |
||
Cryogenic Structures Corporation |
Delaware |
94 |
%(1) |
||
Baltek International Corporation |
Delaware |
100 |
% |
||
Baltek Mercosur, L.L.C. |
New Jersey |
100 |
% |
||
Pacific Timber Ltd. |
Great Britain |
100 |
%(1) |
||
Baltek GmbH |
Germany |
100 |
%(1) |
||
Baltek, S.A. |
France |
100 |
%(1) |
||
Baltek, Ltd. |
Great Britain |
100 |
%(1) |
||
Baltek Scandinavia Aps |
Denmark |
100 |
%(1) |
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