I don't know if it's the same stuff but I got some 1/2" birch ply that came from China at my local Lowes. The face ply on each side was as thin as paper, and delaminated about as easily.
I bought it because it takes paint well, and so can still use it with many places where the face ply just peeled away from my hole to the edge of the panel.
I'm not happy with the material, but needed only a little so decided to endure its shortcomings.
It's pretty easy to see in this pic what I'm talking about.
<Chas>