SECURITIES AND EXCHANGE COMMISSION

                          Washington, D.C. 20549

                            ___________________


                                 FORM 8-K




                              CURRENT REPORT

                  Pursuant to Section 13 or 15(d) of the

                      Securities Exchange Act of 1934


Date of Report (Date of earliest event reported:)  February 27, 1996




                           OCEAN BIO-CHEM, INC.

            (Exact name of registrant as specified in charter)



         Florida                     0-11102            59-1564329
(State or other jurisdiction    (Commission File      (IRS Employer
     of incorporation)               Number)           Identification No.)



4041 S. W. 47 Avenue, Fort Lauderdale, Florida            33314
(Address of principal executive offices)                (Zip Code)


Registrant's telephone number, including area code: (305) 587-6280






                     This document contains 34 pages.
 The Exhibit Index is on Page 5.



                     INFORMATION TO BE INCLUDED IN REPORT

Item 2.   Acquisition or Disposition of Assets.

(a)  On February 27, 1996, the Registrant, through its wholly-owned operating 
subsidiary, Kinbright, Inc., an Alabama corporation, acquired certain assets
of Kinpak, Inc., a Georgia corporation ("Kinpak"), and assumed two (2) leases
of land and facilities (the "Leases") leased by Kinpak from the Industrial
Development Board of the City of Montgomery, Alabama and the Alabama State
Docks Department.  The Leases have a remaining outstanding obligation of
$990,000 and include an option to purchase the leased premises for $1,000 at
the end of the lease term on September 1, 1999.  The leased premises consist
of a manufacturing facility containing approximately 50,000 square feet 
located on approximately 20 acres of real property and a docking facility
located on the Alabama River.  In addition, Registrant purchased the
machinery, equipment and inventory located on the leased premises for 
$850,000. The purchase price was determined through arms-length negotiations
between Registrant and Kinpak.  There was no relationship between Kinpak
and Registrant or any of Registrant's affiliates, directors, officers or
associates.

          The source of funds for the transaction was (a) the assumption of
the lease obligation and (b) the proceeds of a working capital loan obtained
from First Union National Bank of Florida.

          (b)  All of the land, equipment and facilities acquired were used 
by Kinpak in its contract automotive antifreeze mixing and container-filling
business.  Registrant intends to continue the existing contract work for 
third parties and to substantially expand and diversify the existing 
business by using the assets acquired to manufacture aftermarket products 
for the consumer marine, automotive and recreational vehicle markets, 
primarily sold under Registrant's Star Brite  label.


Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits.

(c)  Exhibits.

Exhibit 2.1  Asset Purchase Agreement dated February 8, 1996; by and among 
Ocean Bio-Chem, Inc. ("Registrant"), Kinbright, Inc., Kinpak, Inc., and 
Kinark Corporation.  Pursuant to Regulation S-K, Item 601(b)(2), the 
Schedules and Exhibits to the Asset Purchase Agreement have been omitted 
inasmuch as they are otherwise disclosed in the Asset Purchase Agreement and
identified in a list of Schedules and a list of Exhibits, respectively, 
which are included therein.  

          Undertaking.

          Registrant hereby undertakes and agrees to furnish the Commission 
with a copy of any omitted Schedule or Exhibit supplementally upon request.


                                SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, 
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


               OCEAN BIO-CHEM, INC.
                                   Registrant


Date: March  12, 1996              By:      /s/ Peter Dornau            
             
                                   Name:     Peter Dornau         
        
                                   Title:    President            
   

                               EXHIBIT INDEX

                                                                  

     Exhibit 2.1    Asset Purchase Agreement dated as of February 8, 1996, 
by and among Ocean Bio-Chem, Inc., a Florida corporation ("Registrant"), 
Kinbright, Inc., an Alabama corporation wholly-owned by Registrant (the 
"Buyer"), Kinpak, Inc., a Georgia corporation (the "Seller") and Kinark 
Corporation, a Delaware corporation (the "Shareholder").