Exhibit 12.1
 LYONDELLBASELL INDUSTRIES N.V.
STATEMENT SETTING FORTH DETAIL FOR COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
 Successor
    
    
    
    PredecessorFor the
    
    
    
    
    
    
    
    
    
    
    
    For theQuarter
    
    
    
    
    
    
    
    
    
    
    
    QuarterEnded
    
    
    
    
    
    
    
    
    
    
    
    Ended
    
    
    For the Year EndedMay 1
    
    
    
    January 1through
    
    
    
    throughMarch 31,
    
    
    December 31
    
    
    
    April 30,
    
    
    March 31,
    
    
    December 31,
    
    
    December 31,
    
    
    December 31,Millions of dollars, except ratio data
    
    2011
    
    
    2010
    
    
    
    2010
    
    
    2010
    
    
    2009
    
    
    2008
    
    
    2007Income (loss) from continuing
operations before income taxes
    
    $
    923
    
    
    $
    1,686
    
    
    
    $
    7,383
    
    
    $
    20
    
    
    $
    (4,283
    )
    
    $
    (8,191
    )
    
    $
    940Deduct income (loss)
from equity investments
    
    
    58
    
    
    
    86
    
    
    
    
    84
    
    
    
    55
    
    
    
    (181
    )
    
    
    38
    
    
    
    162Add distributions of earnings
from equity investments
    
    
    96
    
    
    
    34
    
    
    
    
    18
    
    
    
    13
    
    
    
    26
    
    
    
    98
    
    
    
    148Earnings adjusted
for equity investments
    
    
    961
    
    
    
    1,634
    
    
    
    
    7,317
    
    
    
    (22
    )
    
    
    (4,076
    )
    
    
    (8,131
    )
    
    
    926Fixed charges:Interest expense, gross
    
    
    163
    
    
    
    545
    
    
    
    
    713
    
    
    
    411
    
    
    
    1,795
    
    
    
    2,476
    
    
    
    353Portion of rentals
representative of interest
    
    
    23
    
    
    
    56
    
    
    
    
    35
    
    
    
    26
    
    
    
    104
    
    
    
    183
    
    
    
    24Total fixed charges
before capitalized interest
    
    
    186
    
    
    
    601
    
    
    
    
    748
    
    
    
    437
    
    
    
    1,899
    
    
    
    2,659
    
    
    
    377Capitalized interest
    
    
    1
    
    
    
    2
    
    
    
    
    4
    
    
    
    5
    
    
    
    35
    
    
    
    13
    
    
    
    3Total fixed charges
including capitalized interest
    
    
    187
    
    
    
    603
    
    
    
    
    752
    
    
    
    442
    
    
    
    1,934
    
    
    
    2,672
    
    
    
    380Earnings before fixed charges
    
    $
    1,148
    
    
    $
    2,237
    
    
    
    $
    8,069
    
    
    $
    420
    
    
    $
    (2,142
    )
    
    $
    (5,459
    )
    
    $
    1,306Ratio of earnings
to fixed charges (a)
    
    
    6.14
    
    
    
    3.71
    
    
    
    
    10.73
    
    
    
    0.95
    
    
    
    
    
    
    
    
    
    
    
    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.