Exhibit 12.1

LYONDELLBASELL INDUSTRIES N.V.

STATEMENT SETTING FORTH DETAIL FOR COMPUTATION OF

RATIO OF EARNINGS TO FIXED CHARGES

	Successor															Predecessor
	Year Ended December 31,												May  1 through December 31, 2010			January  1 through April 30, 2010
Millions of dollars, except ratio data	2014			2013			2012			2011
Income from continuing operations before income taxes	$	5,712		$	4,996		$	4,185		$	3,531		$	1,731		$	6,947
Deduct income from equity investments		257			203			143			216			86			84
Add distributions of earnings from equity investments		156			186			147			206			34			18
Earnings adjusted for equity investments		5,611			4,979			4,189			3,521			1,679			6,881
Fixed charges:
Interest expense, gross		352			309			655			1,044			545			713
Portion of rentals representative of interest		136			108			103			95			56			35
Total fixed charges before capitalized interest		488			417			758			1,139			601			748
Capitalized interest		25			15			9			8			2			4
Total fixed charges including capitalized interest		513			432			767			1,147			603			752
Earnings before fixed charges	$	6,124		$	5,411		$	4,956		$	4,668		$	2,282		$	7,633
Ratio of earnings to fixed charges		11.94	x		12.53	x		6.46	x		4.07	x		3.78	x		10.15	x