Huntsman International LLC                                          Exhibit 12.1
Ratio of Earnings to Fixed Charges




<TABLE>
<CAPTION>

                                                  Huntsman International          Huntsman Specialty
                                                   Year        Six Months       Six Months      Year
                                                  Ended          Ended            Ended         Ended
                                                December 31,   December 31,      June 30,    December 31,
                                                   2000           1999            1999          1998
                                                   -----         -----            -----         -----
<S>                                              <C>           <C>              <C>           <C>
Fixed Charges:                                                   (dollars in millions)
 Interest Expense (includes amortization of
   deferred financing costs)...................    $ 222         $ 104           $  18         $  40
 Interest portion of rent expense..............        7             5              -             -
                                                ---------------------------------------------------------
Total Fixed Charges............................    $ 229         $ 109           $  18         $  40
                                                =========================================================
Earnings:
 Income (loss) from operations operation before
  taxes........................................    $ 184         $ 100           $  35         $  15

Fixed Charges:                                       229           109              18            40
Less:
 Minority interest in pre-tax income of
  subsidiaries.................................        3             1              -             -
                                                ---------------------------------------------------------
Total Earnings.................................    $ 410         $ 208           $  53         $  55
                                                =========================================================
 Ratio of Earnings to Fixed Charges............      1.8x          1.9x            2.9x          1.4x
 Deficiency of Earnings to Fixed Charges.......
</TABLE>

<TABLE>
<CAPTION>
                                                  Huntsman Specialty            Predecessor
                                                     Ten Months          Two Months
                                                        Ended              Ended
                                                     December 31,        February 28,
                                                        1997                1997                1996
                                                       -----               -----               -----
<S>                                               <C>                     <C>               <C>
                                                                 (dollars in millions)
Fixed Charges:
 Interest Expense (includes amortization of
  deferred financing costs)....................           $  35              $ -                $  -

 Interest portion of rent expense..............              -                                     11
                                                  ---------------------------------------------------------------
Total Fixed Charges............................           $  35              $  0               $  11
                                                  ===============================================================
Earnings:
 Income (loss) from operations operation before
  taxes........................................           $   5              $ (6)              $  19

Fixed Charges:.................................              35                 0                  11
Less:
 Minority interest in pre-tax income
  of subsidiaries..............................              -                 -                   -
                                                  ---------------------------------------------------------------
Total Earnings.................................           $  40              $ (6)              $  30
                                                  ===============================================================
 Ratio of Earnings to Fixed Charges............             1.1x               -                  2.7x
 Deficiency of Earnings to Fixed Charges.......                              $  6

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