FC Grün-Weiß Wolfen was a German association football club from the industrial city of Bitterfeld-Wolfen in southern Saxony-Anhalt.

In 1950, the Wolfen team were promoted to the Landesliga Sachsen-Anhalt, then the third tier of the East German football league system.

A third-place finish in the 1970–71 season nurtured hopes that Wolfen had successfully re-established themselves in tier II, but instead the club was sent down for breaking DFV statutes by poaching players, and financial irregularities.

In the FDGB Cup Chemie Wolfen had their best season in 1956, beating SC Lok Leipzig in the round of last 16, and going out in the quarter-final against ASK Vorwärts Berlin.

Political and economic change following German reunification led to the film factory no longer sponsoring the club.

They played in tier VI of the German football league system, the Verbandsliga Sachsen-Anhalt, where they spent three seasons there.