PRINS RECYCLING CORP
8-K, 1996-07-08
MISC DURABLE GOODS
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                       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: July 3, 1996

                              PRINS RECYCLING CORP.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                                    NEW YORK
                            ------------------------
                            (State of Incorporation)

       0-21436                                         11-2929211
- ------------------------                        -----------------------
(Commission File Number)                        (IRS Employer ID Number)

             400 Kelby Street, 6th Floor, Fort Lee, New Jersey 07024
             -------------------------------------------------------
                    (Address of principal executive offices)

Registrant's telephone number, including area code: (201) 886-1600

                        This report consists of 4 pages.

                        Exhibit index appears on page 2.


<PAGE>


ITEM 5. OTHER EVENTS

     Prins Recycling Corp. announced that it will be listed on the NASDAQ Small
Cap Market effective July 2, 1996.

ITEM 7.  EXHIBITS

     Exhibit 28.1 -- Press release dated and released June 28, 1996.


<PAGE>



                                   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 hereunto duly authorized.

PRINS RECYCLING CORP., a New York corporation

By:  /s/ CLIFFORD H. STRAUB, JR.
     ---------------------------
         Clifford H. Straub, Jr.
         Chief Financial Officer

Dated:   July 3, 1996




FOR IMMEDIATE RELEASE:     June 28, 1996
- ----------------------
Contact:  Lee Feldman, V.P. & General Counsel, Prins Recycling Corp.,
             tel: (201) 886-1600

          Hal Levine/Marty Cohen The Levine Group, tel: (212) 682-8875

     Fort Lee, New Jersey -- Prins Recycling Corp. (NASDAQ:PRNS) announced today
that it will be listed on the NASDAQ Small Cap Market effective [Tuesday, July
2, 1996]. Prins will no longer be trading on the NASDAQ National Market due to
non-compliance with certain listing requirements.

     Prins Recycling Corp. is a recycling firm with processing facilities
located in Illinois, Maryland, Massachusetts, Pennsylvania and New Jersey.



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