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A composite wood material made of large flakes of various woods glued together in random patterns under pressure to produce a large sheet. Chipboard is reasonably stable and quite cheap, therefore it is used by low-end furniture manufacturers for veneered panels. Often the covering is a wood grained plastic, not wood. Chipboard offers low strength, does not hold screws well and swells if it absorbs water.
For more details on this topic, visit Wood Magazine's Sheet Goods Selector
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