Abstract: A veneer dehydrating apparatus which has a pair of rotatable dehydrating roll assemblies disposed one above the other and having their axes extending parallel to each other, at least one of which is positively driven. The paired roll assemblies includes a first roll assembly having formed on the peripheral surface thereof a number of tooth-like projections extending radially outward from the peripheral surface and a second roll assembly having a steel core shaft which is clad with covering of elastic material such as urethane rubber with a predetermined thickness. The axes of the roll assemblies are a spaced radially to form a clearance or a nip between the peripheral surfaces thereof which is smaller than the thickness of the veneer sheet to be dehydrated.