The pyrolysis process is a thermochemical recycling process that in recent years has gained importance due to its application in plastic waste, which is one of the biggest environmental problems today. Thus, it is essential to carry out kinetic and thermodynamic analyses to understand the thermocatalytic degradation processes involved in plastic waste mixtures. In this sense, the main objective of this study is to analyze the degradation kinetics of the specific mixture of polypropylene (25%) and polystyrene (75%) with 10% mass of regenerated FCC catalyst which was recovered from conventional refining processes using 3 heating rates at 5, 10 and 15 K min−1by thermogravimetric analysis (TGA). The obtained TGA data were compared with the isoconversional models used in this work that include Friedman (FR), Kissinger Akahira Sunose (KAS), Flynn–Wall–Ozawa (FWO), Starink (ST) and Miura–Maki (MM) in order to determine the one that best fits the experimental data and to analyze the activation energy and the pre-exponential factor; the model is optimized by means of the difference of minimum squares. Activation energy values between 148 and 308 kJ/mol were obtained where the catalytic action has been notorious, decreasing the activation energy values with respect to thermal processes.