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renewlogy [ri-nyoo-luh-jee] n. - the science of renewing waste

About Renewlogy

Join us in our mission of creating circular economies around plastics.

​Renewlogy was founded at MIT in 2011, with the vision to be a technology leader in developing solutions to plastic waste.

Everything we do at Renewlogy is guided by our core values

Our Mission

Renewlogy was founded at MIT in 2011, with the vision to be a technology leader in developing solutions to landfill-bound waste. Through our proprietary chemical recycling process, which allows us to reverse plastic back into its basic molecular structure, we convert non-recycled plastic waste into new valuable products such as high-value fuels.

Our Purpose

Renewlogy’s purpose is to develop technologies and processes to address our core mission of preventing landfill-bound waste. We envision a world in which there is no waste, as each item is renewed in some way. By renewing each waste stream and giving it some value, it ensures that waste will not only stay out of landfills, but out of our precious environment too.

Integrity 0%

Honesty is the guiding force of all our interactions and products.

Innovation 0%

We are constantly finding new solutions and ideas to progress.

Transparency 0%

We maintain open and clear dialogue with all our stakeholders.

Inclusiveness 0%

We are a community that welcomes all backgrounds and views. 

We are a passionate team of engineers, designers and entrepreneurs

Priyanka Bakaya

Priyanka Bakaya

CEO & Founder

Priyanka founded Renewlogy in 2011 while a student at MIT. She has passionately focused her career on the environment and energy, and has been recognized by Forbes 30 Under 30, Fortune 40 Under 40 Ones to Watch and others. She is a Stanford & MIT graduate.

Benjamin Coates

Benjamin Coates

CTO & Co-Founder

Ben's design expertise has spanned multiple waste conversion systems, across automation and design (including biofuels). He brings experience in Electrical Engineering (UC Berkeley) as well as Chemical Engineering (University of Utah)

Justin Nelson

Justin Nelson

Head of Operations

Justin has extensive experience in Aerospace Manufacturing, working for leading companies including Boeing. He is a quality control expert,
and a Manufacturing Engineering graduate (BYU).

Raj Bakaya

Raj Bakaya

Head of BD & Finance

Raj is a business strategy expert who has advised Fortune 500 companies at McKinsey and worked in M&A and financing at Sovereign Bancorp. He is a graduate from Wharton Business School.

Michael Murray

Michael Murray

Chairman of Advisory Board

Michael is considered a pioneer of plastics to fuel, and is the former CEO and Founder of Cynar PLC. During his time at Cynar, he successfully commercialized 3 plastics to fuel facilities across Europe.

Our Funding Partners

Thanks to our partners who help make our vision a reality

Renewlogy’s Salt Lake City facility was financed by its strong partners across the government and private sectors through grants, awards and debt capital. We have been awarded grant funding from Utah Governor’s Office of Economic Development, as well as low interest debt from Salt Lake City’s Economic Development Loan Fund and Enhanced Capital. We are the recipient of awards from the leading silicon valley VC firm, Lightspeed Venture Partners and Steve Case (former CEO and founder of AOL).

Our Awards

Renewlogy is the recipient of leading industry awards

In 2019, Renewlogy was recognized as one of the country’s leading innovators protecting the environment as a winner of Toyota & Nation Swell’s Vehicle of Change contest. In 2018, Renewlogy was the winner of Sustainable Brand’s Innovation Open. Prior to this, Renewlogy won prize money as an award winner for Cartier Women’s Initiative Awards, MIT Clean Energy Prize, RBPC and Cleantech Open. Renewlogy has also received industry recognition as a finalist of the SPC x Closed Loop Partners FlexPack Recovery Challenge and as the Winner of Fortune Brainstorm Green.