Exhibit 12.1

ALBEMARLE CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In Thousands, Except for Ratios)

	Year Ended December 31,
	2012			2011(a)			2010(a)			2009(a)			2008(a)
Earnings:
Pre-tax income (loss) before adjustment for net income attributable to noncontrolling interests or equity in net income or losses of unconsolidated investments	$	374,593		$	480,577		$	379,198		$	130,372		$	(4,068	)
Fixed Charges:
Interest expense (before capitalized interest)		38,777			39,992			26,624			25,820			39,171
Portion (1/3) of rents representing interest factor		11,028			10,298			9,669			9,124			10,232
Total fixed charges		49,805			50,290			36,293			34,944			49,403
Amortization of capitalized interest		1,527			1,242			1,214			1,272			1,335
Distributed income of unconsolidated investments		26,908			23,685			16,414			18,045			13,135
Interest capitalized		(5,977	)		(2,418	)		(1,091	)		(1,236	)		(996	)
Net income attributable to noncontrolling interests (net of tax)		(18,591	)		(28,083	)		(13,639	)		(11,255	)		(18,806	)
Pre-tax income before adjustment for net income attributable to noncontrolling interests or equity in net income or losses of unconsolidated investments plus fixed charges, amortization of capitalized interest, less interest capitalized and net income attributable to noncontrolling interests that have not incurred fixed charges	$	428,265		$	525,293		$	418,389		$	172,142		$	40,003
Ratio of earnings to fixed charges		8.6x			10.4x			11.5x			4.9x			0.8x

(a) In 2012, the Company elected to change its method of recognizing actuarial gains and losses for its defined benefit pension and postretirement benefit plans. Certain prior year data has been adjusted retrospectively to reflect this accounting change.