Koppers S-4 Registration of securities issued in business combination transactions

Exhibit 12.1

KOPPERS HOLDINGS INC.

RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions, except ratios)

		2005			2006			2007			2008			2009
Earnings:
Income from continuing operations before taxes		$	18.2		$	18.6		$	79.5		$	90.0		$	35.5
Deduct: Equity earnings net of dividends			0.1			(0.3	)		(0.2	)		(0.6	)		(0.8	)
Deduct: Pre-tax income of noncontrolling interests			2.7			1.9			3.1			0.8			3.4
Add: Fixed charges			59.7			69.4			55.5			53.5			71.6
Earnings as defined		$	75.1		$	86.4		$	132.1		$	143.3		$	104.5
Fixed charges:
Interest expensed		$	51.7		$	61.3		$	45.9		$	41.4		$	58.7
Interest capitalized			—			0.2			0.3			—			—
Other			—			—			—			0.4			0.5
Rents			25.7			26.1			31.1			39.0			41.5
Interest factor			31	%		31	%		31	%		31	%		31	%
Estimated interest component of rent			8.0			8.1			9.6			12.1			12.9
Total fixed charges		$	59.7		$	69.6		$	55.8		$	53.9		$	72.1
Ratio of earnings to fixed charges			1.26			1.24			2.37			2.66			1.45
Preference dividends		$	29.0		$	—		$	—		$	—		$	—
Ratio of pre-tax income to net income			1.72			—			—			—			—
Preferred dividend factor		$	49.9		$	—		$	—		$	—		$	—
Ratio of earnings to combined fixed charges and preference dividends(1)	—		—			1.24			2.37			2.66			1.45

(1) Earnings were insufficient to cover combined fixed charges and preference dividends by and $34.5 million in 2005.