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

                                October 27, 2003
                Date of Report (Date of earliest event reported)

                             AMERICAN BILTRITE INC.
             (Exact name of registrant as specified in its charter)

                         Commission File Number: 1-4773

                 Delaware                                  04-1701350
       (State or other jurisdiction                       (IRS Employer
             of incorporation)                         Identification No.)

                                 57 River Street
                    Wellesley Hills, Massachusetts 02481-2097
                     (Address of principal executive office)
       Registrant's telephone number, including area code: (781) 237-6655

                                 Not Applicable
          (Former name or former address, if changed since last report)


Item 5. Other Events.

On October 27, 2003, American Biltrite Inc.'s majority-owned subsidiary
Congoleum Corporation issued a press release announcing that it has finalized
documents relating to its pre-packaged Chapter 11 plan of reorganization and
mailed them to asbestos personal injury claimants and other parties in interest.
Copies of the Joint Prepackaged Plan of Reorganization Under Chapter 11 of the
Bankruptcy Code of Congoleum Corporation, et al. and the Disclosure Statement of
Congoleum Corporation, Congoleum Sales, Inc. and Congoleum Fiscal, Inc. are
attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated by
reference herein.

Item 7. Financial Statements and Exhibits.

(c)  Exhibits.

       Exhibit
        Number     Exhibits
        ------     --------

          99.1     Joint Prepackaged Plan of Reorganization Under Chapter 11 of
                   the Bankruptcy Code of Congoleum Corporation, et al.

          99.2     Disclosure Statement of Congoleum Corporation, Congoleum
                   Sales, Inc. and Congoleum Fiscal, Inc.

                                   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.

                                           AMERICAN BILTRITE INC.


Date: October 30, 2003                     By /s/ Howard N. Feist III
                                              -----------------------
                                              Howard N. Feist III
                                              Chief Financial Officer


                                  EXHIBIT INDEX

       Exhibit
        Number      Exhibits
        ------      --------

          99.1      Joint Prepackaged Plan of Reorganization Under Chapter 11 of
                    the Bankruptcy Code of Congoleum Corporation, et al.

          99.2      Disclosure Statement of Congoleum Corporation, Congoleum
                    Sales, Inc. and Congoleum Fiscal, Inc.