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Fulcrum surges on Scottish distilleries project award

Fri, 17th Jul 2015 17:09

(ShareCast News) - Shares in Fulcrum climbed over 5% on Friday, after the utility services provider won a £3.95m gas project in Scotland.The project involves installing a 13km pipeline to link Scotland's main gas network to four major Scottish distilleries, the group said in a statement.The contract would be funded by a partnership of three companies Chivas Brothers, Diageo and Ian MacLeod Distillers, and start in August.Fulcrum chief executive Martin Donnachie said the distilleries would further strengthen gas infrastructure and achieve long term environmental efficiencies.Fulcrum shares closed up 5.24% to 18.94p.

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