Exhibit 12.1

Calculation of Ratio of Earnings to Fixed Charges



|                                                 |  |              |         |   |      |   |         |      |  |   |        |   |  |      |        |   |  |   |        |  
|------------------------------------------------ |  | ------------ | ------- | - | ---- | - | ------- | ---- |  | - | ------ | - |  | ---- | ------ | - |  | - | ------ | -
|                                                 |  | December 31, |        
|(dollars in thousands)                           |  | 2009         |         |   | 2008 |   |         | 2007 |  |   | 2006   |   |  | 2005 |       
|Earnings                                         |  |              |         |   |      |   |         |      |  |   |        |   |  |      |        |   |  |   |        |  
|Income (loss) before provision for income taxes  |  | $            | 106,924 |   |      | $ | 269,243 |      |  | $ | 17,400 |   |  | $    | (3,497 | ) |  | $ | 8,494  |  
|Plus: fixed charges (1)                          |  |              | 22,986  |   |      |   | 30,669  |      |  |   | 33,158 |   |  |      | 38,831 |   |  |   | 36,292 |  
|                                                 |  |              |         |   |      |   |         |      |  |   |        |   |  |      |        |   |  |   |        |  
|                                                 |  | $            | 129,910 |   |      | $ | 299,912 |      |  | $ | 50,558 |   |  | $    | 35,334 |   |  | $ | 44,786 |  
|                                                 |  |              |         |   |      |   |         |      |  |   |        |   |  |      |        |   |  |   |        |  
|                                                 |  |              |         |   |     
|Fixed Charges:                                   |  |              |         |   |      |   |         |      |  |   |        |   |  |      |        |   |  |   |        |  
|Gross interest expense                           |  |              | 21,273  |   |      |   | 28,931  |      |  |   | 31,679 |   |  |      | 37,319 |   |  |   | 34,517 |  
|Estimate of the interest within operating leases |  |              | 1,713   |   |      |   | 1,738   |      |  |   | 1,479  |   |  |      | 1,512  |   |  |   | 1,775  |  
|                                                 |  |              |         |   |      |   |         |      |  |   |        |   |  |      |        |   |  |   |        |  
|                                                 |  | $            | 22,986  |   |      | $ | 30,669  |      |  | $ | 33,158 |   |  | $    | 38,831 |   |  | $ | 36,292 |  
|                                                 |  |              |         |   |      |   |         |      |  |   |        |   |  |      |        |   |  |   |        |  
|                                                 |  |              |         |   |     
|Ratio of earnings to fixed charges               |  |              | 5.7     | x |      |   | 9.8     | x    |  |   | 1.5    | x |  |      | *      |   |  |   | 1.2    | x
|                                                 |  |              |         |   |      |   |         |      |  |   |        |   |  |      |        |   |  |   |        |  



|(1) | For purposes of calculating the ratio of earnings to fixed charges, earnings represent income before income taxes plus fixed charges. Fixed charges consist of interest
expense and one-third of operating rental expenses which management believes is representative of the interest component of rent expense.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|* | Due to the loss for 2006 the coverage ratio was less than 1:1. Innophos must generate additional earnings of $3,497 for 2006 to achieve a ratio of 1:1 for 2006.
|- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------



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