High density polyethylene (HDPE) cracking has been carried out in a thermal-catalytic two-step unit for the selective production of light olefins. Continuous pyrolysis of HDPE has been conducted in a conical spouted bed reactor at 500°C, and the volatiles formed (mainly waxes) have been transformed in a downstream fixed bed catalytic reactor at 500°C. The effect of catalyst acidity on product yield and composition has been studied by using three catalysts based on HZSM-5 zeolites with a SiO 2 /Al 2 O 3 ratio of 30, 80, and 280. The maximum light olefin yield (58 wt %) has been obtained using the most acidic catalyst (SiO 2 /Al 2 O 3 ratio of 30), with the individual yields of ethylene, propylene, and butenes being 9.5, 32, and 16.5 wt %, respectively. The results are a clear evidence of the higher efficiency of the two-step reaction system compared to the in situ catalytic pyrolysis (single-step), which is explained by the suitable combination of operating conditions in each one of the steps.