Dec 01, 2021 / 07:15PM GMT
Roger Neil Spitz - BofA Securities, Research Division - Director & High Yield Research Analyst
Good afternoon. I'm Roger Spitz, and I cover the High Yield Paper & Packaging and Chemicals sector at Bank of America and have the pleasure of hosting a fireside chat with Mercer International. With us today from Mercer is David Gandossi, President and Chief Executive Officer; and David Ure, Senior Vice President, Chief Financial Officer and Secretary. (Operator Instructions).
Questions and Answers:
Roger Neil Spitz - BofA Securities, Research Division - Director & High Yield Research AnalystAnd with that, perhaps I'll start off with Q&A. Maybe I'm going to start with our CapEx guidance on 2021 and 2022 CapEx guidance.
David K. Ure - Mercer International Inc. - Executive VP, CFO & Secretary
Well, maybe I'll start there, Roger. Thanks for having us. We're delighted to be here. In terms of capital spending for 2021, we've been -- we've indicated that our target for this year is about $150 million of