EXHIBIT 12.1 

                        HUNTSMAN PACKAGING CORPORATION 
              COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 



                                                                           
                                      YEAR ENDED DECEMBER 31,              PRO FORMA   
                                                                           YEAR ENDED  
                            --------------------------------------------  DECEMBER 31, 
                              1993    1994     1995     1996      1997        1997                 
                            ------- -------  ------- ---------  --------  ------------ 
                                           (IN MILLIONS) 
                                                      
Income (loss) before 
 income taxes and 
 extraordinary item........  $ 4.0    $ 7.4   $ 4.0     $(7.4)   $ 1.2       $(6.2) 
Fixed charges: 
 Interest expense..........    6.6      7.6     8.8      11.7     16.6        22.8 
 Rental expense (33%) .....    0.6      0.6     0.7       0.7      0.9         1.1 
                            ------- -------  ------- ---------  ------- -------------- 
 Total fixed charges.......    7.2      8.2     9.5      12.4     17.5        23.9 
Earnings before income 
 taxes and fixed charges ..  $11.2    $15.6   $13.5     $ 5.0    $18.7       $17.7 
                            ======= =======  ======= =========  ======= ============== 
Ratio of earnings to fixed 
 charges...................    1.6x     1.9x    1.4x      0.4x(1)  1.1x        0.7x(1) 
                            ======= =======  ======= =========  ======= ============== 


- ------------ 
(1)    For the year ended December 31, 1996 and the pro forma year ended 
       December 31, 1997 earnings were insufficient to cover fixed charges by 
       $7.4 million and $6.2 million, respectively.