Japan's Mitsubishi Corporation (MC) develops and operates energy, metals, machinery, chemicals, foods, industrial finance, and environmental businesses. It has more than 200 offices and subsidiaries in nearly 90 countries, and a network of more than 1,200 group companies. Its assets in Latin America include a diversified portfolio of companies and projects. The company holds stakes in the Los Bronces mine and Minera Escondida, in Chile; Fosfatos del Pacífico, Compañia Minera Antamina, and the Quellaveco open pit copper project, in Peru; Exportadora de Sal and DM Color, in Mexico; and Metanol de Oriente, in Venezuela. In 2014, the company formed a JV with organic agriculture company Daabon Group to operate in Colombia's Santa Marta port, and in 2015 the National Gas Company of Trinidad and Tobago and Massy Holdings inked a deal with Mitsubishi, Mitsubishi Gas Chemical and Mitsubishi Heavy Industries (MHI) to build the US$1bn Caribbean Gas Chemical project in La Brea. Mitsubishi also conducts operations in Guatemala, Cuba, Panama, Ecuador, Bolivia, Brazil, Paraguay, and Argentina. It was founded in 1954 and is based in Tokyo.