Exhibit 12.1

ALBEMARLE CORPORATION

COMPUTATION OF EARNINGS TO FIXED CHARGES

(In Thousands Except for Ratios)

	Year Ended December 31,
	2006			2005			2004			2003			2002
Earnings:
Pre-tax income before adjustment for minority interests in income of consolidated subsidiaries or equity in net income or losses of unconsolidated investments	$	133,386		$	123,438		$	72,538		$	91,443		$	104,501
Fixed Charges:
Interest expense (before capitalized interest)		45,143			43,138			17,750			5,530			5,395
Portion (1/3) of rents representing interest factor		8,374			8,267			6,445			5,416			4,866
Total fixed charges		53,517			51,405			24,195			10,946			10,261
Amortization of capitalized interest		984			1,069			1,091			1,287			1,419
Distributed income of unconsolidated investments		13,536			16,189			4,000			3,493			1,827
Interest capitalized		(1,179	)		(1,167	)		(400	)		(155	)		(325	)
Minority interests in income of consolidated subsidiaries (net of tax)		(13,258	)		(7,469	)		(5,101	)		(2,564	)		(2,137	)
Pre-tax income before adjustment for minority interests in income of consolidated subsidiaries or equity in net income or losses of unconsolidated investments plus fixed charges, amortization of capitalized interest, less interest capitalized and minority interests in income of consolidated subsidiaries that have not incurred fixed charges	$	186,986		$	183,465		$	96,323		$	104,450		$	115,546
Ratio of earnings of fixed charges		3.5x			3.6x			4.0x			9.5x			11.3x

95