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Ricoh has announced the expansion of its thermal business in Europe. Ricoh will invest about 3 billion yen in Ricoh Industrie France S.A.S. to double its coater production capacity, which applies thermal coatings onto paper. The increased production will start in July 2020. Ricoh’s thermal business is global and is mainly focused on the manufacture and distribution of thermal paper and thermal transfer ribbons. Thermal paper allows printed bar codes to be used in point-of-sale food labelling applications as well as for manufacturing process control and shipping labels. Ricoh’s share of the thermal paper market is very high, as it offers superior colouring capability at high speeds alongside super-fine printing for small fonts, and a highly durable finish that doesn’t fade easily.