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Commercial plywood is of MR grade (Moisture resistant) grade. Note that ‘moisture resistant’ isn’t an equivalent as being ‘waterproof’. It only means the plywood can withstand some amount of moisture, dampness and humidity.The adhesive used for bonding the plies together is Urea formaldehyde.Commercial plywood is most ordinarily utilized in the making of home and furniture , and interior decoration work like paneling, partitions.