Exhibit 12.1

ALBEMARLE CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In Thousands, Except for Ratios)

	Year Ended December 31,
	2014			2013			2012			2011			2010
Earnings:
Pre-tax income from continuing operations before adjustment for net income attributable to noncontrolling interests or equity in net income or losses of unconsolidated investments	$	213,179		$	538,442		$	368,212		$	482,531		$	368,489
Fixed Charges:
Interest expense (before capitalized interest)	43,774			37,701			38,777			39,992			26,624
Portion (1/3) of rents representing interest factor	10,641			10,241			11,028			10,298			9,669
Total fixed charges	54,415			47,942			49,805			50,290			36,293
Amortization of capitalized interest	2,163			1,987			1,527			1,242			1,214
Distributed income of unconsolidated investments	40,688			21,632			26,908			23,685			16,414
Interest capitalized	(2,416		)	(6,142		)	(5,977		)	(2,418		)	(1,091		)
Net income attributable to noncontrolling interests (net of tax)	(27,590		)	(26,663		)	(18,591		)	(28,083		)	(13,639		)
Pre-tax income from continuing operations 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	$	280,439		$	577,198		$	421,884		$	527,247		$	407,680
Ratio of earnings to fixed charges	5.2			12.0			8.5			10.5			11.2