Exhibit 12

Cytec Industries Inc.

Computation of Ratio of Earnings to Fixed Charges

(Dollar amounts in millions)

	Three Months Ended June  30,						Six Months Ended June 30,
	2012			2011			2012			2011
Earnings from continuing operations before income taxes, equity in earnings of associated companies, minority interest and cumulative effect of accounting change	$	34.0		$	20.4		$	78.0		$	38.0
Add:
Amortization of capitalized interest		0.8			0.7			1.5			1.3
Fixed charges		12.4			12.2			24.2			23.7
Less:
Capitalized interest		(2.4	)		(0.7	)		(3.8	)		(2.0	)
Earnings as adjusted	$	44.8		$	32.6		$	99.9		$	61.0
Fixed charges:
Interest on indebtedness including amortized premiums, discount and deferred financing costs	$	11.8		$	11.6		$	23.0		$	22.5
Portion of rents representative of the interest factor		0.6			0.6			1.2			1.2
Fixed charges	$	12.4		$	12.2		$	24.2		$	23.7
Ratio of earnings to fixed charges		3.6			2.7			4.1			2.6