DEG to invest $4m in BIO-LUTIONS.

Deutsche Investitions- und Entwicklungsgesellschaft, a provider of financing, advice and support to private sector enterprises operating in developing and emerging-market countries, agreed to invest $4m in BIO-LUTIONS, a producer of biodegradable packaging and disposable cutlery from agricultural waste. "DEG's investment in BIO-LUTIONS reflects our common goals of achieving a sustainable combination of business, ecology and social commitment. BIO-LUTIONS offers the ecological alternative to plastic on the market. Our new partners have recognised this and want to support us with their professional expertise on our way to global expansion," Eduardo Gordillo, BIO-LUTIONS Founder and Managing Director.