Japan's Mitsubishi Corporation (MC) develops and operates industrial finance, energy, metals, machinery, chemicals, foods, and environmental businesses. With more than 200 offices and subsidiaries in nearly 90 countries, and a network of over 500 group companies, MC employs over 60,000 people. Its assets in Latin America include a diversified portfolio of companies and projects. MC 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, while in early 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. MC was founded in 1950 and is based in Tokyo.