Exhibit 12

MILLENNIUM CHEMICALS INC.

STATEMENT SETTING FORTH DETAIL FOR COMPUTATION OF

RATIO OF EARNINGS TO FIXED CHARGES



|                                                             |  |                         |     |      |   |      |  |      |     |  |      |      |   |  |   |      |  
|------------------------------------------------------------ |  | ----------------------- | --- | ---- | - | ---- |  | ---- | --- |  | ---- | ---- | - |  | - | ---- | -
|                                                             |  | Year Ended December 31, |    
|Millions of dollars, except ratio data                       |  | 2006                    |     | 2005 |   | 2004 |  | 2003 |     |  | 2002 |     
|Income (loss) from continuing operations before income taxes |  | $                       | 140 |      | $ | 95   |  | $    | 2   |  | $    | (197 | ) |  | $ | (403 | )
|Deduct income (loss) from equity investments                 |  |                         | 181 |      |   | 221  |  |      | 81  |  |      | (100 | ) |  |   | (73  | )
|Add distributions of earnings from equity investments        |  |                         | 170 |      |   | 214  |  |      | 81  |  |      | - -  |   |  |   | - -  |  
|                                                             |  |                         |     |      |   |      |  |      |     |  |      |      |   |  |   |      |  
|Earnings adjusted for equity investments                     |  |                         | 129 |      |   | 88   |  |      | 2   |  |      | (97  | ) |  |   | (330 | )
|                                                             |  |                         |     |      |   |      |  |      |     |  |      |      |   |  |   |      |  
|Fixed charges:                                               |  |                         |     |      |   |      |  |      |     |  |      |      |   |  |   |      |  
|Interest expense, gross                                      |  |                         | 78  |      |   | 130  |  |      | 106 |  |      | 98   |   |  |   | 90   |  
|Portion of rentals representative of interest                |  |                         | 9   |      |   | 8    |  |      | 8   |  |      | 7    |   |  |   | 7    |  
|                                                             |  |                         |     |      |   |      |  |      |     |  |      |      |   |  |   |      |  
|Total fixed charges before capitalized interest              |  |                         | 87  |      |   | 138  |  |      | 114 |  |      | 105  |   |  |   | 97   |  
|Capitalized interest                                         |  |                         | - - |      |   | - -  |  |      | - - |  |      | - -  |   |  |   | - -  |  
|                                                             |  |                         |     |      |   |      |  |      |     |  |      |      |   |  |   |      |  
|Total fixed charges including capitalized interest           |  |                         | 87  |      |   | 138  |  |      | 114 |  |      | 105  |   |  |   | 97   |  
|                                                             |  |                         |     |      |   |      |  |      |     |  |      |      |   |  |   |      |  
|Earnings (losses)                                            |  | $                       | 216 |      | $ | 226  |  | $    | 116 |  | $    | 8    |   |  | $ | (233 | )
|                                                             |  |                         |     |      |   |      |  |      |     |  |      |      |   |  |   |      |  
|Ratio of earnings (losses) to fixed charges (a)              |  |                         | 2.5 |      |   | 1.6  |  |      | 1.0 |  |      | 0.1  |   |  |   | - -  |  
|                                                             |  |                         |     |      |   |      |  |      |     |  |      |      |   |  |   |      |  



|(a) | In 2002, earnings were insufficient to cover fixed charges by $330 million.
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