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BP Agrees to Sell Gelsenkirchen Refinery to Klesch Group

Regulatory approval is pending, with closing targeted for the second half of 2026.

Overview

  • One of the Ruhr region’s largest industrial sites, the integrated Scholven and Horst complex, will shift to new ownership under the agreement.
  • The asset package includes subsidiary DHC Solvent Chemie in Mülheim/Ruhr and a tank farm in Bottrop.
  • The refinery processes about 12 million tonnes of crude per year, producing road and aviation fuels as well as petrochemical feedstocks.
  • City leaders welcomed clarity on the site’s future and urged job security and continued investment for roughly 1,800 workers.
  • Klesch’s owner pledged to build a strong partnership with employees and the works council, while BP said the divestment supports portfolio simplification and could deliver about $1 billion in operating-cost savings.