Shut down refineries for sale with IPP’s global buyer network

A refinery that has been shut down doesn’t need to be scrapped. International Process Plants (IPP) specializes in repositioning shut down refineries, connecting sellers with buyers across the energy and petrochemical industries. With nearly five decades of experience, IPP manages every stage of the transaction — from valuation and compliance to dismantling, logistics, and recommissioning.

Why choose IPP for shut down refinery sales

IPP operates the largest global marketplace for complete process facilities. With 20 active sites and more than 15,000 supporting assets in stock, we provide unmatched reach to buyers searching for refining capacity. Unlike auction houses or brokers, IPP focuses exclusively on industrial plants, ensuring refineries are marketed as complete, operating assets rather than parted out for scrap.

For sellers, this means maximizing value and recovering capital faster. For buyers, it means acquiring proven refining capacity in months instead of waiting years for new builds.

Browse our process plants overview to see refineries and process facilities currently listed.

>Sell refinery and process plant assets faster with IPP.

Unlocking value in shut down refineries

Refineries are often closed for strategic or regulatory reasons rather than mechanical condition. Many remain structurally sound, with processing units that can be redeployed to meet global energy demand. IPP specializes in repositioning these facilities, ensuring they reach buyers who can put them back into productive use.

The energy transition has created complex dynamics in refining. Some regions are reducing local refining capacity, while others are racing to expand it. Petrochemical growth in Asia, demand for fuels in emerging markets, and global shifts in energy supply chains all create strong buyer interest. IPP connects these buyers with shut down refineries, turning stranded assets into opportunities.

>See how IPP sells surplus process plant systems quickly.

Key benefits of selling or buying shut down refineries with IPP

• Global buyer access: We market refineries worldwide, connecting sellers with motivated energy and petrochemical operators.
• Higher value recovery: Facilities are positioned as complete refineries, not sold piecemeal as scrap.
• Faster timelines: Many refinery transactions close in 30–90 days, faster than typical divestments.
• Proven experience: With nearly 50 years of completed projects, IPP ensures regulatory and technical complexities are handled smoothly.
• Turnkey relocation: We manage dismantling, logistics, shipping, and recommissioning across continents.

IPP transforms shut down refineries from idle assets into productive facilities once again, delivering value for both sellers and buyers.

Learn more about IPP’s used plant marketplace to explore refinery opportunities available today.

PLUS:

>IPP acquires Henkel plant in Europe

>International Process Plants and Equipment Corp (IPP) Affiliate Acquires GEO Specialty Chemicals Manufacturing Site in Allentown, PA

>International Process Plants launches division to sell new equipment

Frequently asked questions about shut down refineries for sale

Why are refineries shut down?

Often due to strategic realignment, local regulations, or feedstock economics — not because of mechanical condition.

Can shut down refineries be restarted or relocated?

Yes. Many are structurally sound and can be recommissioned with upgrades.

Who buys shut down refineries?

IPP’s buyers include global energy companies, petrochemical operators, and regional refiners seeking to expand capacity.

How quickly can a shut down refinery be sold?

Transactions can close within 30–90 days depending on buyer readiness and regulatory requirements.

For more answers, visit our FAQs page.