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A quick history lesson. In 1997, the original company (that was named Monsanto), spun off its chemicals business as Solutia to focus on "life sciences". Among other things, Solutia got the PCB-polluting factory, plus the lion's share of those executives who were around when the decisions were made. It's Solutia that has all the legal and financial responsibilites for the dumping, and don't worry about them being some sort of "shell" company, they have assets of several billion dollars.

Fast forward a few years to 2000, and Monsanto was merged into Pharmacia and ceased to exist as a seperate company. The new company decided that it wanted to be just a pharmaceutical company, so it spun off a big piece of itself and named the new company Monsanto, because of the "proud heritage" of the original name.

This is obviously not such a good idea in retrospect, as the new company, which has nothing to do with PCBs, is now getting a big black eye in the media. However, if you check the markets, it's Solutia whose stock price has plummeted, which indicates that the big investors, at least, know which is which.