This key development will significantly increase its capacity for producing packed cement and allow the business to provide long term surety of supply to its customers.
Since CEMEX entered the plastic packed cement market in 2011, demand has grown significantly year on year. This investment will enable the company to meet existing and future customer requirements.
Additionally, this investment will improve the packed product design so it can be better transported and stored.
Craig Williamson, commercial director of UK Cement for CEMEX, said: "We are very pleased to confirm plans to significantly enhance the plastic packing line at our Rugby cement plant.
"Packed cement is an important part of our UK business, and this will greatly increase our capacity. This work will ensure we can continue to provide customers with the quality packed cement they need for their construction projects, while also offering further benefits during the supply and storage of the product."
Work will begin at CEMEX's Rugby cement plant in early 2021 and be completed in around six months. The development will run alongside the existing operation, so there will be no disruption to production.
