Exhibit 12.1
Trecora Resources
Ratio of Earnings to Fixed Charges

The following table sets forth the calculation of our ratio of earnings to fixed charges for each of the periods indicated:

   
Nine Months Ended
    
Year Ended December 31,
  
   
September 30, 2015
    
2014
    
2013
    
2012
    
2011
    
2010
  
   
(in thousands except ratio)
  
                                     
Income before taxes
   $ 26,211     $ 22,718     $ 27,645     $ 16,225     $ 20,389     $ 3,778  
Fixed charges(1)
     1,936       1,510       911       963       1,155       1,171  
Earnings available to cover fixed charges
   $ 28,147     $ 24,228     $ 28,556     $ 17,188     $ 21,544     $ 4,949  
                                                 
Ratio of earnings to fixed charges
     14.54       16.05       31.34       17.86       18.66       4.23  

(1)Fixed charges consist of the sum of (i) interest expense and capitalized, amortized premiums, discounts and capitalized expenses related to indebtedness and (ii) an estimate of the interest within rental expense (calculated based on a reasonable approximation of the interest factor).