If all goes to plan, the Polaroid factory in Enschede, Amsterdam, will soon be making film again thanks to its new owner, an eccentric Austrian artist and businessman named Florian Kaps. Mr Kaps, 39, has dedicated the past five years to instant photography. He set up Polanoid.net, the biggest Polaroid gallery on the web, and the first ever Polaroid-only art gallery in Vienna, called Polanoir.

Now he plans to save the film. “The project is more than a business plan; it’s a fight against the idea that everything has to die when it doesn’t create turnover,” said Mr Kaps.

Dubbed “The Impossible Project”, the development of new film for Polaroid cameras launches today. Working with the Manchester-based black and white photography company Ilford, the machinery is in place to produce film of two exposure types, each compatible with both the classic SX-70 cameras popular with artists and the more modern 600 series.