The performance of a Ni commercial catalyst has been studied under reaction-regeneration cycles in a continuous process consisting of the flash pyrolysis (500 degrees C) of high-density polyethylene (HDPE) in a conical spouted bed reactor (CSBR), followed by catalytic steam reforming in-line (700 oC) of the volatiles formed in a fluidized bed reactor. The catalyst is regenerated between reactions by coke combustion in situ in the reforming reactor, using a sequence of air concentrations and following a temperature ramp between 600 and 700 degrees C. Several analytical techniques (TPO, TEM, XRD, and TPR) have proven that the catalyst does not fully recover its initial activity by coke combustion due to the sintering of Ni-0 active sites. This sintering process is steadily attenuated in the successive reaction-regeneration cycles and the catalyst approaches a steady state.