Yes. This is how a lot of kitchen worktop is made - I have seen it up to 300 cm x 95 cm at 30 and 40 mm thickness in a variety of woods (most commonly beech and oak). Also there are thinner panels at about 18mm thick in oak and pine available from my local builders merchant
I've used this sort of composite timber panelling for a variety of cupboards, doors and drawer fronts. It seems to work well and is a good ecological use of smaller section timber.
I'm sure you will be able to find a good use for the panel. It appears to be well sealed so it should remain flat irrespective of how it is stored. Unsealed new panels need to be kept in their transit polythene until ready for use and should be sealed on both surfaces to ensure they stay flat.
Misterfish