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Saudi International Petrochemical Co (Sipchem) has started building two plants at a total value of SR3.35bn ($893.3m), as part of its expansion plan, Reuters has reported. The first factory, which will cost around SR3bn, will produce 200 thousand tpa of vinyl acetate, with operations set for launch by the second quarter of 2013. The second plant will cost around SR350m and will produce 100 thousand tpa of ethyl acetate and butyl acetate. The facility is expected to come on stream in the first quarter of 2013.