Exhibit 12.1

LYONDELLBASELL INDUSTRIES N.V.

STATEMENT SETTING FORTH DETAIL FOR COMPUTATION OF

RATIO OF EARNINGS TO FIXED CHARGES

	Year Ended December 31,
Millions of dollars, except ratio data	2017			2016			2015			2014			2013
Income from continuing operations before income taxes	$	5,493		$	5,233		$	6,209		$	5,712		$	4,996
Deduct income from equity investments		321			367			339			257			203
Add distributions of earnings from equity investments		309			385			285			156			186
Earnings adjusted for equity investments		5,481			5,251			6,155			5,611			4,979
Fixed charges:
Interest expense, gross		491			322			310			352			309
Portion of rentals representative of interest		147			142			139			136			108
Total fixed charges before capitalized interest		638			464			449			488			417
Capitalized interest		20			33			11			25			15
Total fixed charges including capitalized interest		658			497			460			513			432
Earnings before fixed charges	$	6,139		$	5,748		$	6,615		$	6,124		$	5,411
Ratio of earnings to fixed charges		9.33	x		11.57	x		14.38	x		11.94	x		12.53	x