Exhibit 12

Cytec Industries Inc.

Computation of Ratio of Earnings to Fixed Charges

(Dollar amounts in millions)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2010			2009			2010			2009
Earnings from continuing operations before income taxes, equity in earnings of associated companies, minority interest and cumulative effect of accounting change	$	57.8		$	20.4		$	193.8		$	(14.9	)
Add:
Distributed income of associated companies		0.7			0.0			1.4			1.0
Amortization of capitalized interest		0.6			0.5			1.6			1.3
Fixed charges		11.7			12.4			35.3			32.3
Less:
Capitalized interest		(0.7	)		(1.7	)		(2.1	)		(4.9	)
Minority interest		(0.6	)		(0.4	)		(2.0	)		(1.0	)
Earnings as adjusted	$	69.5		$	31.2		$	228.0		$	13.8
Fixed charges:
Interest on indebtedness including amortized premiums, discount and deferred financing costs	$	10.3		$	11.1		$	31.1		$	28.4
Portion of rents representative of the interest factor		1.4			1.3			4.2			3.9
Fixed charges	$	11.7		$	12.4		$	35.3		$	32.3
Ratio of earnings to fixed charges		5.9			2.5			6.5			0.4

(1) In order to achieve a one-to-one ratio of earnings to fixed charges for the nine months ended September 30, 2009, earnings would need to increase by $18.5.