LYONDELL CHEMICAL CO - FORM S-1/A - EX-12.1

file	filename
S-1/A - FORM S-1/A - LYONDELL CHEMICAL CO	h83119a1sv1za.htm
EX-5.1 - EX-5.1 - LYONDELL CHEMICAL CO	h83119a1exv5w1.htm
EX-5.2 - EX-5.2 - LYONDELL CHEMICAL CO	h83119a1exv5w2.htm
EX-23.5 - EX-23.5 - LYONDELL CHEMICAL CO	h83119a1exv23w5.htm
EX-23.4 - EX-23.4 - LYONDELL CHEMICAL CO	h83119a1exv23w4.htm
EX-23.3 - EX-23.3 - LYONDELL CHEMICAL CO	h83119a1exv23w3.htm

Exhibit 12.1

LYONDELLBASELL INDUSTRIES N.V.
STATEMENT SETTING FORTH DETAIL FOR COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES


	Successor						Predecessor
	For the
	Six Months
	Ended								For the Year Ended
			May 1		May 1,		January 1
			through		through		through
	June 30,		December 31		June 30,		April 30,		December 31,			December 31,			December 31,
Millions of dollars, except ratio data	2011		2010		2010		2010		2009			2008			2007
Income (loss) from continuing operations before income taxes	$	2,115	$	1,686	$	375	$	7,191	$	(4,283	)	$	(8,191	)	$	940
Deduct income (loss) from equity investments		131		86		27		84		(181	)		38			162
Add distributions of earnings from equity investments		107		34		28		18		26			98			148

Earnings adjusted for equity investments		2,091		1,634		376		7,125		(4,076	)		(8,131	)		926

Fixed charges:
Interest expense, gross		340		545		132		713		1,795			2,476			353
Portion of rentals representative of interest		46		56		17		35		104			183			24

Total fixed charges before capitalized interest		386		601		149		748		1,899			2,659			377
Capitalized interest		1		2		2		4		35			13			3

Total fixed charges including capitalized interest		387		603		151		752		1,934			2,672			380

Earnings before fixed charges	$	2,478	$	2,237	$	527	$	7,877	$	(2,142	)	$	(5,459	)	$	1,306

Ratio of earnings to fixed charges (a)		6.40		3.71		3.49		10.47		—			—			3.44


(a)		For the years 2009 and 2008, earnings were insufficient to cover fixed charges by $4,076 million and $8,131 million, respectively.

LYONDELL CHEMICAL CO - FORM S-1/A - EX-12.1 - August 16, 2011